Bitcoin came in as low as $ 12,855 on Friday morning, while traders see a steep new correction unfold in the cryptocurrency markets.
From the top of more than $ 20,000 in some exchanges last weekend, Bitcoin plummeted by up to 30 percent, echoing the behavior observed during the ban on the exchange in China in September and the end of a major bullfight in May of this year.
At the time of publication, average exchange rates were concentrated around $ 14,000, which represents a slight recovery for the minimum of $ 13,000 before today, which lasted only briefly.
Despite the large number of people involved, the latest Bitcoin deceleration is, in fact, milder than those observed this year and beyond, when corrections of up to 45 percent were very common.
Suffering even more is the majority of altcoins, including Bitcoin Cash, which in the 24 hours prior to printing had lost 32 percent of its value compared to the Bitcoin average of an 18 percent loss.
The weight of the losses is clearly visible in the general statistics of the market. The total cap of the cryptocurrency market has decreased from $ 650 billion to $ 430 billion in a single day.
The "magical" month of Bitcoin brought growth that surprised investors and observers both inside and outside the industry. Said picks are often followed by sauces or corrections.
On Thursday, when prices reached $ 15,000, an online cryptography operator and commentator described the situation as a "healthy bath", adding with optimism.
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