OREANDA-NEWS Bitcoin is getting cheaper on Monday by 6%, its value has fallen below 60 thousand dollars for the first time since the beginning of May, it follows from these trades.

At Binance, the largest cryptocurrency exchange in terms of trading volume, bitcoin fell by 6.13% per day to $ 60,229 as of 20.38 Moscow time. Minutes earlier, the indicator fell below the $60,000 mark for the first time since May 3.

According to the CoinMarketCap portal, which calculates the average price for more than 20 exchanges, the cost of bitcoin decreased by 6.08% - on average to $ 60,220. The dynamics is also given per day.

The cryptocurrency has fallen in price by 7.5% in the previous two weeks. And since the historical record of $ 73,777 reached in March, the value of bitcoin has fallen by almost 19%.

"It seems that the market is in a bearish mood. It is difficult for the market to digest large sales," Bloomberg quotes the head of Orbit Markets, Caroline Mauron.