Price of bitcoin has dropped to $ 6,017 this morning.

Axar.az informs citing the crypto exchange market Binance.com, this is the minimum threshold after October 29, 2017. Notably, capitalization of crypto-currency market has dropped to $ 278 bln.

As a result, bitcoin’s price fell by 3.3 times or 70% of the historic record level, and capitalization of crypto-currency market decreased by $ 554 bln or 66%.

Notably, bitcoin is a decentralized system based on blockchain technology, which any user - participant of the system can emit, creating new blocks of the system with the help of a computing device. The concept of the system was first published in November 2008.