The price of bitcoin, the world’s most popular cryptocurrency, has dropped below $34,000.
Bitcoin’s value has dropped more than 15% in the past five days.
Compared to the last six months, the decrease has exceeded 50 percent. Note that in November last year, the bitcoin price hit a record high, surpassing $67,800.
Ethereum, also the second-largest cryptocurrency, has dropped 15 percent in the past five days to $4,000.