MOSCOW, November 9. /TASS/. The price of Bitcoin lost 12.16% during the trading session on Wednesday to $16,997, according to CoinDesk portal trading data.

The cryptocurrency price was below $17,000 last time in November 2020.

Bitcoin is a cryptocurrency invented in 2008 by an unknown person or a 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.