Bitcoin Ends Massive Comeback With 12% Drop

The world’s largest cryptocurrency’s price took a fall of 12% on Thursday at a price of $11,383 after striking 18-month rise of about $14,000 at the start of the week.

Since April of this year the value of Bitcoin has rolled up by more than 260%, but it has not crossed its all-time high of almost $20,000 as of December 2017.

After the announcement of Facebook’s own cryptocurrency Libra, people around the world have already developed an interest in an investment.

Investors seeking safety have also played a major role in the increase of bitcoin’s price.