Bitcoin quotes continue their dramatic fall. The year started with the drop in bitcoin price, and during the last day it has lost 5%.
According to CoinMarketCap, bitcoin current price is 13 650 USD. Moreover, the cryptocurrency price has dropped down to 13 000 USD in the last 24 hours.
Trading was opened with bitcoin surge at the beginning of the year three years ago last time. On the first day of 2018, bitcoin cost 13 440 USD.
Just prior to that, a famous billionaire Warren Buffett announced to have no doubts in cryptocurrencies, including bitcoin, soon crash. He told CNBC in an interview that the cryptocurrency fever would “come to bad end” and the cryptocurrency market growth would soon come to an end.
"When it happens or how or anything else, I don't know", he added, "If I could buy a five-year put on every one of the cryptocurrencies, I'd be glad to do it but I would never short a dime's worth."