Bitcoin has the worst start for the last 3 years

For the first time since 2015, Bitcoin – this digital money goes down on New Year’s Day, extending the decline in recent weeks.

Currently, each copper is $ 13,440, down more than $ 1,000 compared to last Friday (December 29) and $ 400 lower than at the end of December 31. This is the first year since 2015, Bitcoin prices have gone down on New Year’s Day.

In 2016, prices rose 0.87% early this year, double year-over-year. However, last year was the boom of Bitcoin, with 3.5% on the first day and more than 14 times the whole year.

2018 is the first year Bitcoin goes down in the first session from 2015.
2018 is the first year Bitcoin goes down in the first session from 2015.

This has helped Bitcoin attract the attention of many traditional investors and financial institutions. Last month, the two world’s leading exchanges, CME and CBOE, allowed the Bitcoin deal, which helped move the chip into Wall Street.

The popularity of Bitcoin also makes a lot of other virtual currency appear. In addition to major rivals such as Ethereum, Ripple, Litecoin, the Bitcoin split several times last year, and the ICO (virtual money issuance to raise capital), the virtual currency has risen more than 1,300 dong.

Bitcoin, however, is still a controversial topic around the globe. Many people believe that digital money is the future of money and the world. Meanwhile, others refer to it as “scams” or “bubbles of bubbles” and claim that Bitcoin will not have a good end. Both JP Morgan Chase CEO Jamie Dimon and investment legend Warren Buffett are skeptical about the virtual currency.

Meanwhile, CNBC’s former investment fund manager Fortress, Michael Novogratz, said the currency could reach $ 40,000 by the end of next year. Moas claims that this price must be $ 400,000. The Nasdaq market also announced plans to enter the market in the first half of 2018.