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Bitcoin low price after forecasts of falling cryptocurrency market

– The most popular cryptocurrency in the world, bitcoin, experienced a slight fall, while Ripple fell by 11 percent as a result of analysts’ comments about the upcoming crash of the cryptocurrency market.

According to the website CoinMarketCap, at 20.03 GMT the value of bitcoin was reduced by 1.62 percent, falling to 14,950 dollars.

In the Bitfinex stock market, the cryptocurrency fell 2.34 percent of its value, reaching $ 14,730, in GDAX, by 2.25 percent, reaching $ 14,780.

British investor Jeremy Grantham, the founder of the company Grantham, Mayo, & van Otterloo (GMO), warned that the bitcoin market was another financial bubble and that the cryptocurrency market would collapse in six months to two years.

CoinMarketCap reported that the capitalization of the cryptocurrency market currently amounts to 742,800 million dollars, of which 34 percent corresponds to bitcoin.

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