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Bitcoin Price Falls to 3-Month Low

Write: 2021-05-18 08:54:15Update: 2021-05-18 14:13:04

Bitcoin Price Falls to 3-Month Low

Photo : KBS News

The price of major cryptocurrency Bitcoin reportedly fell to a three-month low on Monday.

Reuters said Bitcoin prices slipped to as low as 42-thousand-185 U.S. dollars, its lowest since February 8. 

According to CoinDesk, a cryptocurrency information provider, as of 2 p.m. Monday, U.S. western time, the price of Bitcoin fell point-18 percent in the past 24 hours to 44-thousand-559 U.S. dollars.

The market capitalization of the number one cryptocurrency also declined to 833-point-seven billion dollars.

The Bitcoin price has been falling since last week when Tesla CEO Elon Musk tweeted that Tesla would stop taking bitcoin as payment.

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