Bitcoin toll fell under the $16,000 reached on Wednesday after the chaos of the Christmas feasts.
The cryptocurrency reached its highest peak earlier in December when bonuses went up to $19,000.
During the Christmas holidays, virtual wallet holders watched a decline of the cryptocurrency for four consecutive days.
Bitcoin honorarium: watch live cryptocurrency value analysis
Bitcoin’s value went all the way down to $12,000 at worst to rise again to up to $16,000.
The cryptocurrency didn’t seem to maintain its value for too extended though.
Bitcoin price declined once again to below the $15,000 rating after Christmas.
Watch live bitcoin price and value division here.
According to Coindesk, at 3.32pm on December 28, bitcoin’s value is prominent at $14,388.44.
Ira Epstein, Director at Linn & Associates, mocked the cryptocurrency saying it is a “analytical vehicle” with no future in the traditional trading world.
He told Bloomberg: “On Christmas Day I couldn’t assume it, I was watching the market and there they are. These people are all trading.”
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Mr Epstein enlarged: “What makes bitcoin so appealing to people is you don’t have to buy a full bitcoin, you can buy it in predisposed to sizes and they trade in volume.
“I think it’s really more of a unpractical vehicle. It has no purpose right now other than speculation.
“I cannot go to McDonald’s with my bitcoin and get some coffee.”