Bitcoin may drop below $ 5,000 this week

Baku. 25 June. REPORT.AZ/ The world's most popular crypto currency may drop to $ 5,000 this week for the first time since October 2017. Report informs citing the Russian media.

Analyst of Alpari Vladislav Antonov said evil days of bitcoin began after news from Japan and the United States. Thus, Japan's financial services agency has found security vulnerabilities in the country's 16 crypto exchange markets.

Igor Zartdinov, co-founder of the ICG crypto fund, said problems in the stock market's security systems were gradually reducing the credibility of crypto currencies.

Independent analyst Aleksandr Boyev said that the "easy money circulation", which was obtained due to crypto-currency, has already ended.

Notably, bitcoin price slightly increased to $ 6,147 in comparison with the end of last week.