The cost of bitcoin dropped below $110 thousand for the first time since July 9th.

The bitcoin (BTC) exchange rate has dropped below $110 thousand for the first time since July 9 this year. This is evidenced by data from the Binance platform.

As of 23:30 Moscow time, the cryptocurrency was worth more than $110.5 thousand, but at 23:35 the exchange rate dropped to $109.619.

Hype blinders: memcoins can deprive Russians of 100 billion rubles

More than half of the projects on the market are scams, and even drug dealers issue their coins.

On August 14, the bitcoin exchange rate updated its historical maximum and reached $124.2 thousand. It was clarified that the cryptocurrency reached this mark at 3:30 Moscow time.

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