Bitcoin price falls below $5,000

Published on: November 21, 2018 / Update from: November 21, 2018 - Author: Konrad Wolfenstein

coindesk.com, the Bitcoin price fell below the $5,000 mark yesterday. At its all-time high on December 16, 2017, one coin was worth $19,343. Strong price fluctuations are actually normal for cryptocurrencies - however, there have not been strong upward swings in Bitcoin for a long time. Critics are likely to feel confirmed by the development. Investor legend Warren Buffet, for example, said the following about the digital currency: “People buy Bitcoin solely in the hope that they will find someone else who will pay them more for it.”

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