Bitcoin Down 15.7 Per Cent Falls to $30,307

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FILE PHOTO: Representation of the bitcoin virtual currency standing on the PC motherboard is seen in this illustration picture, February 3, 2018. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: Representation of the bitcoin virtual currency standing on the PC motherboard is seen in this illustration picture, February 3, 2018. REUTERS/Dado Ruvic/Illustration/File Photo

THUNDER BAY – TECH – The price of Bitcoin (BTC) is down -15.70% to CA$30,307.80 in the last 19 hours.

Late in 2021 experts were predicting the crypto currency was going to hit $100,000 by mid 2022.

The crypto currency however has taken a hit in trading and has fallen to this new low over the course of the year.