MOSCOW, December 20. /TASS/. The price of bitcoin during trading fell below $93,000 for the first time since December 5, according to Binance data.

At 14:48 Moscow time, bitcoin fell to $92,767. By 14:58, the price of the cryptocurrency slowed its decline and was trading at $92,900.

Bitcoin is a decentralized system of cryptocurrency of the same name based on blockchain technology, which can be mined by any user - participant in the system, by creating new blocks of the system.

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