Bitcoin shows the worst results in the past 11 years

Bitcoin is on track for its worst performance in more than a decade as central banks and a string of high-profile crypto crimes undermine the digital currency.

The largest cryptocurrency’s 58% slide is its worst performance since the third quarter of 2011, when bitcoin was still in its infancy.

There have been several ups and downs over the decade, with the market value of cryptocurrencies reaching a peak of $ 3 trillion. Today, the price of the No. 1 cryptocurrency is around 19 thousand dollars per coin.

Several crypto platforms have already been forced to stop withdrawals, leaving depositors in trouble.