Bitcoin drops 6%, affected by the new Corona strain
Bitcoin fell 6% in Monday's trading, amid concerns. From the impact of a fast-spreading new strain of coronavirus in Britain on assets in the broader markets.
The cryptocurrency in the latest trading was down 5.1 percent. At $ 22290, after touching an unprecedented level at $ 24298.04 on Sunday.
It crossed the $ 20,000 barrier for the first time last week. Amidst growing interest from a larger investor segment.
It won more than 37% in Bitcoin last November alone. The rise was supported by demand for its nature, which is considered a hedge against inflation and expectations for a general direction to accept it.