Economic news

Bitcoin near its lowest of 2018

Bitcoin slumped lower than $6,000 yesterday, which hasn’t happened since June, with other virtual currencies also slipping.

The globe’s biggest cryptocurrency fell to $5,900, losing near 4%, indicates CoinDesk data that is based on monitoring a range of exchanges.

The price of bitcoin is getting close to the minimum of this year, registered in the middle of June, when its level hit the bottom at $5,785. The plunge of virtual coins was caused by the postponement of the VanEck Solid X ETF, believes Charles Hayter of CryptoCompare.


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