Bitcoin Is Plummeting Down: The Price Fell Lower than $3.4 Thousand

It seems like Bitcoin decided to end the year of 2018 with a record low exchange rate. The coin dropped by more than 11% in the last 24 hours and fell beneath the price point of $3400. Currently, it remains extremely unstable.

Source: CoinMarketCap

The market cap of BTC has also dropped significantly. Most Bitcoin holders are now hurriedly converting their BTC funds into USD or other more stable cryptocurrencies. Unfortunately, it seems like the downtrend of November keeps worsening in December. Hopefully, the new year of 2019 will bring a fresh start for Bitcoin and crypto industry as a whole.

We remind you:

November Has Not Been Quite Lucky for Bitcoin: The Monthly Performance

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