The price of the bitcoin was almost 20 times higher than the record price on Friday after reaching 19.666 dollars, and it was claimed by the CME Group in Cboe Global for bitcoins.
It was possible for the fund managers to take an open position after this move, which made it easier to trade bitcoins of industrial establishments.
A further development was experienced after the Singapore Central Bank noted that the sharp rise in Bitcoin prices, which stood at the border for almost $ 20,000, was due to speculation and that there might be a sharp decline.
According to Reuters reports, the price of Bitcoin, a sales specialist in Japan, known as Cis, which has a lion's share of 30 to 50 per cent of its work volume, has fallen dramatically.
21 billion yen, that is, 186 million dollars in the presence of the broker said that the son of a high price of 24 hours sold bitcoin cryptopara market moved. According to freight analysts, the prices of other investors have fallen to Bitcoin prices and the price of Bitcoin has dropped below $ 16,500 at night and at night.
On Sunday, the price of 20 thousand 52 dollars was out and the price of bitcoin dropped to 16 thousand 290, so it lost 18 percent in 2 days. This fluctuation is one of the most serious value losses in Bitcoin prices after dropping 2 boxes 972 dollars from 4 thousand 979 dollars with loss of 40 percent for September and dropping 5 boxes 555 dollars from 7 boxes 888 dollars with loss of box set 30 percent.
South Korea and Japan's Central Banks continue to be warned for bitcoin.
Finally, Japanese Finance Minister Taro Aso said, "It is not a reliable currency because of excessive fluctuations for bitcoin." he said.
