Bitcoin price fell below the mark of six thousand dollars for the first time since June 29

© RIA Novosti / Vladimir Astapkovich in photobacteria with farms for mining cryptocurrency. Archival photoBitcoin price fell below the mark of six thousand dollars for the first time since June 29© RIA Novosti / Vladimir Astapkovich the image Bank

The cost of bitcoin (Bitcoin) on Wednesday night fell below $ 6 thousand dollars, for the first time since June 29, in response to the reduction in the price of Bitcoin Cash, according to the auction and comments of experts.

According to the website CoinMarketCap, calculate the average price by more than 20 exchanges, as at 20.10 MSK bitcoin fell by 8.7% to 5.82 thousands of dollars. On largest by volume cryptocurrency exchange Binance bitcoin has fallen in price by 8.49% — to 5.93 thousands of dollars.

Other popular crypto currencies are falling even more dramatically: Ethereum is by 12.14%, to 183.81 dollar, Ripple — of 14.07%, up 0,447 dollar, Bitcoin, Cash by 18.67% to 430,42 dollar. According to CoinMarketCap, the market capitalization of cryptocurrencies is currently 188,1 billion dollars. The share of bitcoin accounts for approximately 54% of the total cryptocurrency market.

According to the founder and CEO of cryptocurrency hedge Fund BKCM Brian Kelly, quoted in CNBC, bitcoin is cheaper after Cash Bitcoin, which has fallen in anticipation of tomorrow’s hard forks (implementation of a new Protocol, resulting in a new cryptocurrency). As a result, will be created altcoins and Bitcoin Bitcoin ABC SV. Very Bitcoin Cash, in turn, are also separated from bitcoin in August 2017 because of disagreements on the best way to scale the digital currency.

Bitcoin price fell below the mark of six thousand dollars for the first time since June 29© Integratiebeleid and bitcoin

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