The value of the cryptic currency, which had been relatively stable over the past few months, has once again plummeted.

The world 's largest cipher ICC coincided with a year - on - year decrease of 9 percent to $ 5,640.36.

Bitcoin has been in the $ 6,400 range for most of this fall.

The decline in other cipher currencies is larger, with a 13% drop in Etherium and a 15% drop in ripple (XRP).

The total market capitalization of the cipher currency during the day stood at $ 85 billion, with $ 15 billion evaporating, the coin market cap.com said.

Compared with the size of the market earlier this year, it was reduced by more than 70%.

"The decline in cipher money is due to uncertainty about bit coin cache hard fork (making other virtual currency in a new block chain that is incompatible with existing block chains)," CNBC said. I plan to do a hard fork. "

CNBC said that Bitcoin Cache, which has been the fastest rising cipher in recent weeks due to hard-folk anticipation, has fallen about 18 percent this year due to uncertainties as a result of internal disagreements over digital currency expansion methods.

Inside the bit coin cache, CNBC added that the name of the coin generated by the hard fork should be 'bit coin ABC' or 'core bit coin cache', and 'bit coin sato vision'.