Translated material
Bitcoin fell 15%
At 10:25 am on December 20 in Hong Kong, the cryptocurrency exchange rate was $16,626.42, which is 15% lower than the record level that bitcoin set on Monday. This is the steepest decline since futures were introduced on December 10, according to Bloomberg .
According to the head of marketing department of the cryptocurrency exchange Gatecoin Ltd. in Hong Kong by Thomas Glucksmann, this is a short-term correction.
“I think we will see some recovery towards the end of the week. To be honest, I see this as the short-term volatility that we all expected to see anyway,” he said.
Read the best texts of The New Times and breaking news in Telegram
Read also:
The Terror Machine: 100 Years Without Breakdowns
The systemic impossibility of the opposition
Ruthenium in Chelyabinsk: how it arose and where it was "buried"