The bitcoin sell-off is back, the price has fallen below $ 4,000

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Bitcoin started badly in December after many had hoped the worst was behind, with the registration of the cryptocurrency market & nbsp; its strongest monthly decline in the last month.

The price of the bitcoin has moved sharply down twice in the last 12 hours, when Bitcoin gave up the psychological level of $ 4000 that seemed to support the price in the last week.

Bitcoin dropped to a minimum of & nbsp; $ 3,790, according to CoinDesk's bitcoin price tracker, returning to & nbsp; close to the annual lows at the end of last month, and renewing the fears, the route started in November will end in December.

The price of bitcoin is deeply in red for the year, destined to record a decline of about 80% during 2018. (Photo by Jordan Mansfield / Getty Images)Getty

The sale of bitcoins, which hit the broader market of cryptocurrencies & nbsp; even more difficult, was triggered by a civil war between developers and miners of the rival cryptocurrency, bitcoin money.

In a grueling hash war, where & nbsp; two & nbsp; fields & nbsp; fought for & nbsp; direct the largest amount of computing power to your & nbsp; choice & nbsp; cashcoin cash & nbsp; variant, trader and & nbsp; investors & nbsp; saved from & nbsp; most important cryptocurrencies & nbsp; threats & nbsp; from & nbsp; some prefer to see & nbsp; a collapse of wholesale prices & nbsp; that lose the war & nbsp;

While the sell-0ff has picked up the pace, panic has swept the market in many & nbsp; in many & nbsp; decide to & nbsp; cash out & nbsp; of their positions in bitcoin and cryptocurrency & nbsp; fearing that the highs of fine & nbsp; 2017 and anticipation & nbsp; 2018 will never come back.

The price of the bitcoin suffered two heavy blows while the route resumed.CoinDesk

The market has been worried for months that long-term promised institutional investments may not happen, as global banks and financial institutions delay or put their plans in place to launch bitcoin and cryptocurrency investment products.

The last sell-off also threw a black cloud on the decision of the US Securities and Exchange Commission (SEC) scheduled for the end of December on a long-awaited bitcoin quoted fund, brought (and advertised) by & nbsp;The US investment company VanEck, the software company blockchain SolidX, and the Chicago Board Options Exchange (CBOE).

Although some are still confident, the SEC will salute the prosel, the latest route and return to volatility after months a relative calm has put a strain on investor confidence.

"The market got tired of high expectations and was beaten rather bloody," said Charlie Hayter, CEO of Cryptocompare, a data company.

With the drop in bitcoin prices, EOS led the decline in the top 10 major cryptocurrencies.CoinMarketCap

Bitcoin was far from the biggest loser among the biggest cryptocurrencies in the world in the most recent sell-off, with EOS and litecoin recording the biggest downturns in the last 24 hours, according to the data of CoinMarketCap.

Elsewhere, the bitcoin SV, the forex bitcoin loser, could be set to fall out of the top 10 cryptocurrencies by market capitalization this week. The price has seen steep losses almost every day since it separated from the bitcoin cash cryptocurrency last month.

Also Ripple's XRP, which in recent months has been supported by agreements with the major international banking giants to provide low-cost cross-border payments, has suffered a joke, dropping nearly 5% in the last 24 hours.

However, many are awaiting a number of other institutional products at the horizon, including bitcoins futures from the Nasdaq exchange in New York from the start of next year, as well as the owner of the New York Stock Exchange (NYSE) ICE and Starbucks-backed Bakkt cryptocurrency investment platform.

Last week, Jeff Sprecher, president of the NYSE, said at the Consensus: Invest conference bitcoin will survive its last sell-off.

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Bitcoin started badly in December, after many had hoped the worst was behind, with the cryptocurrency market recording the heaviest drop in the last few years last month.

The price of the bitcoin has moved sharply down twice in the last 12 hours, when Bitcoin gave up the psychological level of $ 4000 that seemed to support the price in the last week.

Bitcoin fell to $ 3,790, according to the price of CoinDesign bitcoins, returning close to the annual lows at the end of last month and renewing the fears, the disaster started in November will end in December.

The price of bitcoin is deeply in red for the year, destined to record a decline of about 80% during 2018. (Photo by Jordan Mansfield / Getty Images)Getty

The sell-off of the bitcoins, which hit even harder the wider cryptocurrency market, was triggered by a civil war between builders and miners of the rival cryptocurrency, bitcoin money.

In a grueling hash war, in which the two camps fought to direct the largest amount of computing power for their chosen bitcoin variant, traders and investors have emerged from most of the major cryptocurrencies among the threats of some they would rather see a wholesale price collapse than lose the war.

While the sell-0ff was catching up, panic overwhelmed the market leading many to decide to cash in on their bitcoin and cryptocurrency positions, afraid that the highs at the end of 2017 and early 2018 would not come back.

The price of the bitcoin suffered two heavy blows while the route resumed.CoinDesk

The market has been worried for months that the promise of long-term promised corporate investment can not be overcome, as banks and global financial institutions delay or put their plans in place to launch bitcoin and cryptocurrency investment products.

The last sell-off also threw a black cloud on the decision of the US Securities and Exchange Commission (SEC) expected at the end of December on a long-awaited, well-known bitcoin quoted fund, brought (and publicized) by The US investment company VanEck, the software company blockchain SolidX, and the Chicago Board Options Exchange (CBOE).

Although some are still confident, the SEC will salute the prosel, the latest route and return to volatility after months a relative calm has put a strain on investor confidence.

"The market got tired of high expectations and was beaten rather bloody," said Charlie Hayter, CEO of Cryptocompare, a data company.

With the drop in bitcoin prices, EOS led the decline in the top 10 major cryptocurrencies.CoinMarketCap

Bitcoin was far from the biggest loser among the world's largest cryptocurrencies in the latest sell-off, with EOS and litecoin recording the biggest downturns in the last 24 hours, according to CoinMarketCap data.

Elsewhere, the bitcoin SV, the forex bitcoin loser, could be set to fall out of the top 10 cryptocurrencies by market capitalization this week. The price has seen heavy losses almost daily since it separated from the bitcoin cash cryptocurrency last month.

Also Ripple's XRP, which in recent months has been supported by agreements with major international banking companies to provide low-cost cross-border payments, has suffered a severe blow, falling by almost 5% in the last 24 hours.

However, many are awaiting a number of other institutional products at the horizon, including bitcoins futures from the Nasdaq exchange in New York from the start of next year, as well as the owner of the New York Stock Exchange (NYSE) ICE and Starbucks-backed Bakkt cryptocurrency investment platform.

Last week, NYSE president Jeff Sprecher told the Consensus: Invest conference that bitcoin will survive its latest sales.

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