From November 24, 2017, Bitcoin is falling below $8000 for the first time. As we know Bitcoin is the biggest cryptocurrency has fallen down $8000 to the value for the first time. In December it was trading at $20,000. Approximately 46% of its trading value has lost.
Though Bitcoin value is still more than its original value when it was released in 2009. Analysing the last 12 months performance, Bitcoin is was 2520% up. Now the coin is rapidly getting down.
Financial Experts are still divided over the role cryptocurrencies will play in the future of investing. Warner Buffet says against investing in digital currencies that will come to "bad end" but other Wall Street experts say the coin could rise as high as $50,000 by the end of the year.
Though Bitcoin value is still more than its original value when it was released in 2009. Analysing the last 12 months performance, Bitcoin is was 2520% up. Now the coin is rapidly getting down.
Financial Experts are still divided over the role cryptocurrencies will play in the future of investing. Warner Buffet says against investing in digital currencies that will come to "bad end" but other Wall Street experts say the coin could rise as high as $50,000 by the end of the year.