The price of cryptocurrency Bitcoin is on the decline again after setting a record price increase at the beginning of the new year. The virtual currency fell 14 percent on Monday (January 4th), according to Reuters. On this day, the price of one bitcoin decreased to 26 thousand 605 dollars. In Bangladeshi currency which is 23 lakh 83 thousand 425 rupees.
Earlier on Saturday (January 2), Bitcoin was priced at 30,000; The next day it was 34,600 dollars. The cryptocurrency then fell on Monday. On this day the price of the coin decreased to 6 thousand dollars.
The price of bitcoin, which has been rising for several months, was 26,000 US dollars on December 26. In just 11 days, the increase was 6 thousand dollars or 8 lakh 60 rupees. Earlier, in mid-September, the price of bitcoin was fluctuating around 20,000. The currency fell below 11,000 in a record fall on September 25. Earlier this year, the currency was valued at about 1,000. Since then, its value has skyrocketed. In June, the price of a jump increased to 10 thousand dollars.
Cryptocurrency is a type of symbolic currency. It has no real form. It only exists in the internet world. Transactions through this are only possible online. Whose entire activity is accomplished in a secure process called cryptography. Since 2016, it has become an emerging market. There is no third party control over this transaction. So no one else knows who is exchanging this digital currency with whom.
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