Bitcoin fell below $5200 mark to a 13 month low

According to Bitstamp, the price of bitcoin on Monday, the European market intraday fell below $5200 mark, a record low of October 2017, down nearly 7% days. Analysts said that with the virtual currency collapse began to ferment, bitcoin prices will fall further. Analysts also said that bitcoin prices may fall to $1500, 70% of the market capitalization will evaporate.

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