The exchange rate of bitcoin is growing after a record fall

© RIA Novosti / Vladimir Astapkovich in fotobasketball bitcoin. Archival photoThe exchange rate of bitcoin is growing after a record fall© RIA Novosti / Vladimir Astapkovich the image Bank

Bitcoin is growing after the fall of 26.85% last week, follows from the data of the auction.

According to CoinMarketCap, as of 7:50 GMT the world’s most popular cryptocurrency price rose by 12.09% to 16,77 thousands of dollars. On the Bitfinex bitcoin exchange grew in price by 11.77%, to 16.35 thousands of dollars on GDAX — by 4.08%, to 16.43 thousands of dollars. According to Coindesk, the rate rose by 4.24%, to 16.41 thousands of dollars.

Last week, bitcoin lost more than half of its value, slipping to 13 thousand dollars, the Agency said Reuters. Before the fall of the bitcoin exchange rate reached 20 thousand dollars.

Experts believe that this decline is a natural correction after strong growth.

«Recent price movement shows that bitcoin is still a speculative investment. At the auction of bitcoin remains a huge volatility,» said Reuters chief strategist of the global market Invesco Kristina Hooper.

With the beginning of the year bitcoin risen about 20 times.

As for the other cryptocurrencies, Ethereum has risen in price on 1,09% — to 783,7 dollar, Bitcoin Cash — on 1,4%, to 3.05 thousand dollars, Ripple — rose in price by 9.58% to 1.23 us dollar, according to CoinMarketCap.

Market capitalization of cryptocurrency, according to CoinMarketCap, is currently 615,515 billion dollars, the share of bitcoin accounts for approximately 45% of the total cryptocurrency market.

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