After reaching last week’s record high of $ 20 000 per coin, bitcoin began to fall sharply, causing further concerns about the cryptocurrency bubble.
The maximum price of bitcoin is $ 20 078 recorded 17 December, after which there was a decline of approximately 40% over three days. On 22 December, the rate fell to $11 833 USD.
However, contrary to fears, the market rebounded again and now stabiliziruemost of over $13 000. At the time of publishing the article according to Coinmarketcap, bitcoin traded at an average of $13 345 per coin.
The recovery of bitcoin has met the expectations of holders, holders of the cryptocurrency, who refused to sell their coin in a moment of panic in the market.