Bitcoin lost 34 percent in 5 days

Bitcoin's losses over the past five days exceeded 34 percent, with more than $ 20 billion in market value lost.

Bitcoin saw the lowest level in the last 11 weeks, declining below $ 8,000. Bitcoin reached 34.6 percent in the last five days, its lowest since 18 November.
LOSS ON 20 BILLION DOLLARS
In addition, the virtual currency has lost more than $ 20 billion in market value in the last 5 days.

The market value of Bitcoin, which lost 25 percent in January, also declined by nearly $ 65 billion from the beginning of this year.

Experts have stressed that regulating Bitcoin and pointing to cyber security worries have caused it to fall sharply into crypto money.