Bitcoin is trading above eight thousand dollars

© RIA Novosti / Vladimir Astapkovich in photobacteria with farms for mining cryptocurrency. Archival photoBitcoin is trading above eight thousand dollars© RIA Novosti / Vladimir Astapkovich the image Bank

The world’s most popular cryptocurrency bitcoin (bitcoin) Friday in the morning trading slightly above $ 8 thousand dollars per coin with the decline of investor interest in the cryptocurrency, according to the auction and review Analytics.

According to CoinMarketCap, as at 9.34 GMT the bitcoin dropping by 3.68 percent, to 8,057 thousand dollars. On the stock exchange Bitfinex cryptocurrency decreased in price by 3.97% to 8,022 thousand dollars, to OKex — on 3,83%, to 8.02 thousands of dollars.

Other crypto-currencies also lose value: Ethereum is cheaper 4.8%, to 675,9 dollar, Ripple — by 5.34% to $ 0.66, Bitcoin Cash by 8.22% to 1201,06 dollar. According to CoinMarketCap, the market capitalization of cryptocurrencies is currently 313,6 billion dollars. The share of bitcoin accounts for approximately 37% of the total cryptocurrency market.

«HYIP blockchain technology no longer supports the interest in bitcoin. Stepping down below the level of 8.2 thousand dollars, bitcoin can easily exchange 8 thousand, by staying closer to the quote of 7.6 thousand dollars. The bitcoin bubble continues to deflate,» — said RIA Novosti Professor, Department of financial management of REU named after G. V. Plekhanov Constantine Ordov.

The analyst also noted that the rate of bitcoin will continue to pressure the introduction of financial instruments to the more technological cryptocurrencies like Ethereum.

Bitcoin is trading above eight thousand dollars© Integratiebeleid and bitcoin