Bitcoin Price Dropped To $5,000
On Monday, November 19, the price of the first cryptocurrency updated the annual minimum, falling on a number of exchanges below the psychological mark of $ 5000. As of 4:37 PM UTC, Bitstamp quotes fluctuate in the range of $ 4,980- $ 5,020.
At the same time, the bitcoin capitalization has updated the 13-month low and reached $ 88 billion. We add that the daily trading volumes of stablecoins, against the background of such a tight drawdown, have increased significantly.
In the meantime, the hash rate of the first cryptocurrency network also showed a fall. Thus, the indicators are less than the absolute maximum reached in early October by more than 11%.