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Reuters reported that the price of bitcoin, which was difficult to reach an all-time high, fell more than 10% in one go on the 26th (local time).
According to this, the price of bitcoin fell 13% at one time during the day and closed at $ 17.74, down about 9%.
Bitcoin’s price has risen recently and on the 25th, the day before, it hit a record high of $ 19,521, the highest in about three years, close to an all-time high ($ 19,000,666).
On this day, Bitcoin’s turn to the downtrend was not small and the effect of for-profit sales due to a steep 250% or more price increase in nine months.
Market analysts have said that the downward trend could be seen as a natural correction, as the price of Bitcoin has risen 75% in the past couple of months alone.
Additionally, Brian Armstrong, CEO of cryptocurrency firm Coinbase, tweeted rumors that the US government is planning a new regulation to limit the anonymity of digital transactions, raising concerns about government regulations. It was said to be irritating.
If you look at the coindesk website, on the 27th (Korean time), the price of bitcoin fluctuates around the $ 17,000 level.
/ news yunhap
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