Bitcoin dives under 4 thousand dollars
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Bitcoin dives under 4 thousand dollars

We had already informed you about our Blockchain Venture Summit conference which was held in London. A lot of speakers that took the stage at Blockchain Venture Summit have mentioned that it’s a good time to invest in bitcoin, because of the drop.

Bitcoin continued decreasing since last week and faces below 4 thousand dollars as of yesterday. Bitcoin, which faced a huge drop within a short time, slipped to 3.800 dollars’ yesterday. This decrease was not only seen for bitcoin but also for altcoins.

According to data from Coinmarketcap.com , 9 of the most valuable 10 cryptocurrencies of the crypto world lost around 13-14 percent within 24 hours.

One of the most important players of the crypto world along with bitcoin, Ethereum, declined to 111 dollars’ yesterday.

Starting to increase again

As of this morning, bitcoin has started to rise again and went over 4 thousand dollars again. Bitcoin, which rose by 8.53 percent, rose to 4 thousand 75 dollars. Ethereum, which increased along with Bitcoin, rose by 9.31 percent to 116 dollars.

Both bitcoin and the whole crypto-money ecosystem have long been in decline. We will see whether this period is the right time to invest in crypto money. We will continue to inform you about the price of Bitcoin and the developments regarding cryptocurrencies.

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