Bitcoin for less than 30 days, loses 12 billion dollars by bighomie

crypto-news · @bighomie · Jul 13 '17

$15.77

Bitcoin for less than 30 days, loses 12 billion dollars

![BitcoinGlorious-e1499862889395-780x439.jpg](https://steemitimages.com/DQmSEgWC3sr28ifVp2C2E1RK3HBLBMgzEvDFZ2kKYqiLzeT/BitcoinGlorious-e1499862889395-780x439.jpg)

Rioting in the digital currency market has led Bitcoin to the lowest level in 1 month, deleting $ 12 billion in total market value in less than 30 days.

The price for a Bitcoin dropped to $ 2,272.3, the lowest since June 15, according to CoinDesk data.

Despite having a slight recovery of $ 2,350, this figure is well below the highest level of $ 3,025, which hit in June 11. In this period of time, the total value of all units in circulation has fallen by $ 12.1 billion.

A major withdrawal is taking place in the digital currency world after giant growth a few months ago. During June, Bitcoin reached a level that was 6 times bigger than the beginning of the year.

Despite the fall on Wednesday, Bitcoin is still 450% above the lowest level this year.

BlackRock portfolio management company analysts have warned of a possible bubble, based on currencies graphs.

The next currency, Ethereum, hit 200 dollars, down 50%, from the June level of $ 400. Experts say these fluctuations are normal, while the true value of these assets is still unknown.

Digital currencies are becoming more popular because countries and companies are examining the technology behind them, "Blockchain".

The biggest contribution to this year's Bitcoin growth was approval from Japan as a payment method.

👍 booster, randowhale, pharesim, fyrstikken, minnowsupport, runridefly, mrofficer, lastminuteman, steventaylor514, ryn, poss, d-pend, bighomie, decebal2dac, leanne01, robcubbon, rorxco, stephen.king989, phrixos, ebargains, fauzanmubarrak, vagaboncritter, fisteganos, machhour, ogochukwu, raymondspeaks, venuspcs, ura-soul, shellyduncan, shawnfishbit, highme, violetmed, choogirl, tech-trends, diana.catherine, jhermanbeans, heretickitten, oksanasemenova, pomperipossa, banglatube, xtrodinarypilot, gindor, banjo, tjtrusty, marcusxman, mrwanderlust, starrkravenmaf, cloh76, fronttowardenemy, cryptohustler, burnedpixel, worldtraveler, taica, dineroconopcion, rycharde, n1kofi, arjane, whatamidoing, myday, numpypython, qwasert, flaminghedge, timbalabuch, singa, and 14 others

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@randowhale · Jul 13 '17

This post received a 2.0% upvote from @randowhale thanks to @bighomie!  For more information, [click here](https://steemit.com/steemit/@randowhale/introducing-randowhale-will-you-get-the-100-vote-give-it-a-shot)!

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@mrofficer · Jul 13 '17

Just when i was about to invest some $$$$

👍 mrofficer

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@highme · Jul 13 '17

Probably better to wait before investing :)

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@minnowsupport · Jul 13 '17

<p>Congratulations!  This post has been upvoted from the communal account, @minnowsupport, by bighomie from the Minnow Support Project.  It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, and someguy123.  The goal is to help Steemit grow by supporting Minnows and creating a social network.  Please find us in the <a href="https://discord.gg/HYj4yvw">Peace, Abundance, and Liberty Network (PALnet) Discord Channel</a>.  It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.</p>

<p>If you like what we're doing please upvote this comment so we can continue to build the community account that's supporting all members.</p>

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@booster · Jul 13 '17

<p>This post has received a 23.20 % upvote from @booster thanks to: @bighomie.</p>

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@hamzaoui · Jul 13 '17

$0.29

Well done post You deserve for getting Upvote from me. I appreciate on it and like it so much . Waiting for your latest post. Keep your good work and steeming on. Let's walk to my blog. I have a latest post. Your upvote is high motivation for me. Almost all Steemians do their best on this site. Keep steeming and earning.

👍 booster

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@booster · Jul 15 '17

<p>This comment has received a 0.11 % upvote from @booster thanks to: @hamzaoui.</p>

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@vagaboncritter · Jul 13 '17

Vital info from my perspective i hope they go down even more since im not ready with the funds to buy :PP  Thank you for this post man!

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