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Bitcoin price down 12.7%

MOSCOW, November 26. /TASS/. The price of Bitcoin fell by 12.7% during the trading session on Tuesday reaching the level of $16,351.2, according to trading data.

The Bitcoin price slightly recovered later to $16,400, down 12.4%.

Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without intermediaries.