Bitcoin sheds more than 11%

Bitcoin sheds more than 11%
  • Clock-gray 06:40
  • calendar-gray 11 January 2021

Bitcoin dropped as low as $35,544 to lose 11.71% of its value during the trading session on January 10, CoinDesk portal data shows, APA reports citing TASS.

Bitcoin traded at $36,279 (-9,88%).

Bitcoin is a decentralized system of the eponymous cryptocurrency based on blockchain technology. It can be issued by any user who is a member of the system. The system concept was published in November 2008 by Satosi Nakamoto (possible pseudonym of a person or a group of people), but has exploded in popularity in recent years. Bitcoins are naturally limited in quantity, most Bitcoins have already been ‘mined’.

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