Bitcoin rate dropped below $ 5 thousand for the first time since October 2017, the day the cryptocurrency collapsed more than 10%.
In the course of trading on the Kraken Stock Exchange, Bitcoin fell to $ 4,970. By 7:47, according to Coindesk, the cryptocurrency is trading at $ 5,119.57, which is 8.1% lower than the previous day.
On the Bitfinex exchange, Bitcoin showed a drop of more than 6%.
The last time bitcoin was trading at around $ 5.3 thousand on October 25, 2017.
At the same time, other popular cryptocurrencies are becoming even cheaper.
According to Bloomberg, the bitcoin rate was $ 4,958.