Bitcoin price was sharply down at 6 000 USD on Tuesday. The cryptocurrency lost $2000 in price just in a day, according to CoinDesk.
Such a deep dive has been for the first time since November, 2017, when its price reached level 5995.58. It should be noted, that already in December, bitcoin price reached its all-time high of $20 000, after that, it started its fast decline.
On Tuesday, at 8.15 GMT bitcoin price was 11% down, at 6156.13 USD.
Other cryptocurrencies are also falling down in price.
The European Central Bank (ECB) president Mario Draghi announced on Monday that bitcoin and other cryptocurrencies are “very risky assets”, and should be bought with extreme care.
According to his speech in the European Parliament, virtual currencies are very volatile, their price is completely speculative.