Last night, 12% bitcoin fell below $5000 this year, fell over 65%

NetEase Francisco November 20th message, according to U.S. media reported Monday, bitcoin prices fell to the lowest level in more than a year, according to CoinDesk data, bitcoin fell 12% to $4883.09 a day, 7 days fell over 22%, since this year fell over 65%.

Bitcoin is the first in November last year reached $10 thousand, nearly $20 thousand on Christmas Eve, mainly by small investors. This rapid rise last year on 12 months into the bitcoin futures market, the 12 month 17 Chicago Mercantile Exchange (CME) launched bitcoin futures trading. A week after the Chicago Board Options Exchange (CBOE) also opened bitcoin futures market.

On Monday two bitcoin futures prices have reached the lowest level, bitcoin CME futures fell to $5015, CBOE bitcoin contract prices fell to $4990. The other major currencies encryption this week most of the decline, this year even than bitcoin fall suddenly. According to, the second largest market capitalization of XRP reboxetine currency fell 5% on Monday, the etheric Fang fell over 13%.

Over the past week the entire encryption monetary market value has shrunk to about $40 billion, the total market value of about $172 billion on Monday. SEC chairman Clayton said earlier this year, a crypto currency securities, “if we have to securities supervision”. The European central bank executive board member Benoit Koyul (Benoit Coeure) also warned that bitcoin is a very clever idea, but not all the clever ideas are good ideas, bitcoin more than one aspect of the financial crisis generated from evil”.

Koyul also agreed to BIS director Agustin Carstens (Agustin Carstens) view. The latter said in June: “to sum up in a word, money is encrypted bubble, is a Ponzi scheme, is the ecological disaster.” (Mu Xiulin)

This paper from the NetEase technology report, entrepreneurs department authorized the release, omitted by editing, the copyright belongs to the author, only as independent views of the author.

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