Bitcoin fell on Friday morning, according to auction data.
At Binance, the largest cryptocurrency exchange by amount of cryptocurrency sales, Bitcoin fell by 8.07 percent to $19,970 in one day. Before that, during the auctions, the price had fallen to $19,776 dollars—the lowest since January 14.
As per Coin Market Cap portal which calculates the average price on more than 20 cryptocurrency exchanges, the value of Bitcoin dropped by 7.94 percent—to an average of $20,010.
Since the beginning of the year, the price of bitcoin has recorded a noticeable increase of 20 percent; and by the end of December, its price was $16,540.