if you are interested in it , Get free samples :sales@edabearings.com

Bitcoin, the world's largest digitally encrypted currency, plummeted 11% on Thursday to a low of November last year. It has frightened investors because Facebook has banned the publication of encrypted currency advertisements and regulators have become increasingly restricted in such currencies.

Bitcoin at the Bitstamp exchange in Luxembourg fell as low as $ 9,022 Thursday, less than half the peak of nearly $ 20,000 hit in December. Bitcoin fell more than 26% in January, the worst monthly performance since January 2015.

Coinmarketcap.com, which tracks the performance of the cryptocurrency industry, also showed double-digit declines in other cryptocurrencies over the past 24 hours, including Ripple, the third-largest market capitalization, and Bitcoin Cash. Ethereum rose slightly during the day.

The explosive growth of digital currency value in the past year and the influx of new retail investors into the market have caused global regulatory authorities to feel uneasy about this speculatively strong sector.

Officials say criminals will encrypt digital currency for money laundering. India also calls the market a Ponzi scheme and the government vowed Thursday to disable encrypted digital money.

---

PREVIOUS:Industrial workers in Germany strike all day and enter the next day        NEXT:U.S. Secretary of State Tillerson warned Latin American countries not to rely to