MOSCOW, August 5. /TASS/. Bitcoin price fell to $49,000, according to Binance platform.

As of 09:41 Moscow time, Bitcoin slowed down its decline and reached $50,237 (-17.32%).

Bitcoin is a decentralized system of a crypto currency of the same name based on the blockchain technology, which can be mined by any user - system participants.

The concept was published in November 2008 by its author (possibly a group of authors) under the pseudonym Satoshi Nakamoto. Bitcoin has only reached its peak popularity in recent years. Bitcoin emission is naturally limited, and most bitcoins have already been "mined".