Bitcoin is notoriously volatile, although financial experts have advised people not to get involved, calling it a bubble that could burst at any moment
After hitting a record high of more than $19,850 (£14,214) in mid-December, bitcoin’s value tumbled to $12,000 (£8,630) within days.
It then surged again, before diving in mid-January amid reports that trading was about to be restricted in few nations around the world. It then balanced out, before diving toward the beginning of February and afterward leveling out.
This morning bitcoin has continued its slide in value, starting the day at $7,900 (£5,623), according to Coinbase. That’s a loss of 13.39 per cent in just 24 hours.