Cryptocurrency fell by more than 16% shortly after the US markets were closed on Friday, falling to $ 978, after the Securities and Exchange Commission (SEC) of the USA has rejected an application for registration of the first exchange-traded fund Bitcoin brothers Winklevoss Twins.
But the value of digital currency recovered to $ 1231, which is 26% higher compared to the recent minimum and about $ 60 higher than its cost to the US of the Commission decision was announced. Bitcoin has reached a record high of $ 1,327 on Friday morning.
2017, or rather its beginning, has been volatile for Bitcoins. It has grown by more than 20% in the first week of the year, before falling by 35%.
News that major Chinese exchanges have started to charge a fixed fee of 0.2% per transaction in addition to the blocking of customer payments, had no effect on digital currency. For the last month it grew by more than 30%, after the publication of this news. On Friday, its rate has increased to $ 1237.
Bitcoin value increased by 120% in 2016. This currency was the best performer in the past two years. Even though the sale on Friday, Bitcoin toward growth by about 10% this year.
Based on materials WELTRADE
