Economy

Bitcoin Price Falls Nearly 10% In Less Than 24 Hours

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We all already know that the cryptocurrency market is very volatile. To do this, it is enough to look at the charts of each of the assets to draw conclusions.

Bitcoin remains the most valuable digital currency, but in less than 24 hours it has dropped by almost 10%.


Bitcoin prices made investors sound the alarm ...

The bitcoin price has dropped significantly over the past 24 hours. According to the information, it fell by 10% of its value, which caused "beating" anxiety on the part of investors.

The cryptocurrency market is going through a period of volatility again, which is normal for this type of market. Analysts and the media say these are just "normal" assumptions.

the foundation Bitcoin relies on a peer-to-peer (P2P) network system... P2P is a system that does not provide for a central authority to control the currency or transactions, as is the case with other currencies (for example, the euro is controlled by the European Central Bank).

Instead, currency creation and translation are based on open source network in encrypted protocols which form the backbone of Bitcoin's security and freedom, making transactions between users instant.

On October 31, 2008, a document titled "Bitcoin: A Peer-to-Peer Electronic Monetary System" was posted on an automated email group by a person named Satoshi Nakamoto, currently referred to as Bitcoin creator and whose real identity is still unknown. you can find out more Here...

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