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Bitcoin drops below $75,000 first time since September 15

The cryptocurrency lost 3.45% to $74,888

MOSCOW, October 6. /TASS/. The price of Bitcoin dropped below $75,000 first time since September 15 of this year, according to Binance platform data.

The cryptocurrency lost 3.45% to $74,888. Bitcoin recovered later to $75,324, down 2.13%. Ethereum, the nearest rival, lost 2.68% to $2,221.68.

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.