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Bitcoin down more than 10% to $48,604

On February 21, the price of the cryptocurrency exceeded $ 58,000 updating the historical maximum

MOSCOW, February 23. / TASS /. Bitcoin after the opening of trading down by 10.23%, reaching $48,604 according to trading data at 08:39 Moscow time. As of 08:44 Moscow time, the bitcoin rate was at $49,754 (-8.1%).

On February 21, the price of the cryptocurrency exceeded $ 58,000 updating the historical maximum. 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. Bitcoin's popularity has only peaked in recent years.