CoinDesk, a digital cryptocurrency website, shows that the price of bitcoin, the world's largest digital cryptocurrency, fell to $5799.62 today, the lowest since mid-November last year.
Last year, the price of Bitcoin rose by more than 1100%, and it was close to 20,000 US dollars. However, since 2018, the price of Bitcoin has dropped sharply as countries intensify their influence on the supervision of digital cryptocurrencies. So far, bitcoin prices have been Shrink 57%.
Analysts said that the price of bitcoin fell to a new low today is not caused by a new single factor. Last week, due to the strengthening of the supervision of digital cryptocurrency exchanges by Japanese financial regulators, the price of bit began to decline, and once fell 9%.
In addition, security factors are also a cause of the decline in bitcoin prices. Last week, Bithumb, Korea's largest digital cryptocurrency trading platform, was hacked and about 35 billion won (about $32 million) of assets were stolen.
Prior to this, Coinrail, another digital cryptocurrency exchange in South Korea, was also hacked and lost more than $40 million worth of assets.