Bitcoin has fallen sharply in price

Bitcoin fell by 9 percent, to 21.4 thousand dollars, Bitcoin fell sharply during trading on August 19 and at the time of publication costs 21.4 thousand dollars, according to data from the CoinDesk service.

The decline in quotations over the past day was nine percent, which was the worst result for the world’s largest cryptocurrency over the past two months.

The fall in value occurred against the background of the recent report of the Federal Reserve System on the state of the US economy, which contained a negative forecast about the future of the national economy and price growth, as well as the announcement of a further increase in the base rate.

At the same time, the price of the second largest cryptocurrency in the world, Ethereum, is decreasing. Its quotes for the day fell by 9.09 percent, reaching the level of 1707.28 dollars.