Bitcoin is traded below $34,200


January 24, Fineko/ Bitcoin fell to $34,161 during the trading session on Saturday, website Coindesk says.

ABC.AZ reports that the last time bitcoin was traded at this level in July 2021.

The bitcoin exchange rate was at $35,391 till 08:36 on Baku time.

On Thursday, the Central Bank of Russia announced plans to ban the issuance, production and circulation of cryptocurrencies in Russia in order to reduce the threats posed by the spread of cryptocurrencies.