The harsh declines presented by bitcoin and cryptocurrencies only confirm the opinion of some experts that the bubble has finally broken.
True, bitcoin notes at this point an increase of 0.3%, but after a hard fall of almost 6% from the previous day. In addition, it would close the week with an accumulated decline of almost 3%.
It is currently priced at $ 3,265 and compares with its record high of nearly $ 19,000 recorded in December 2017.
Cryptheads have lost more than $ 730 billion in market value since peaking in January this year, according to CoinMarketCap.com.
The Bloomberg Galaxy Crypto Index is in a five-week losing streak.