Bitcoin fell sharply

© RIA Novosti / Evgeny to Betemporary in fotoracconti with the logo of the cryptocurrency bitcoin. Archival photoBitcoin fell sharply© RIA Novosti / Evgeny to Betemporary the image Bank

The exchange rate of bitcoin fell more than a quarter in 24 hours, according to data from CoinMarketCap.

According to the information portal, as at 01.50 GMT bitcoin fell by 25.1 per cent to a level of 10.5 thousand dollars for the first time on 1 December 2017.

Bitcoin decentralized crypto currency based on blockchain technology, which can «mine» with the help of computing devices.

Service CoinMarketCap lets you know the average price and capitalization of each of the existing cryptocurrencies. When calculating the average market price for bitcoin in dollars, the aggregator computes data from more than 20 exchanges.