Bitcoin dropped nearly 50% in the first quarter of 18 years, and its market value evaporated 100 billion US dollars.

According to CoinMarketCap, the price of Bitcoin once dropped to 6,863.52 U.S. dollars on March 31, which was a drop of more than 51% compared with January 1,112.20, and the market value also evaporated 119.905 billion U.S. dollars. As of press time, the Bitcoin price is 6775.59 US dollars.

In 2017, Bitcoin soared 1400%, the highest had risen to nearly 20,000 US dollars.

CNBC has tracked the discovery of bitcoin prices since the first quarter of 2011 , with five years of Bitcoin falling in the first quarter. The largest increase was in the first quarter of 2013, when the quarter soared by 599%.

On April 1st, CNBC reported that some bitcoin miners who pay for electricity have been hard to make profits in mining. The price of mining equipment is on the rise, and the continued decline in the price of virtual currency has kept the margins from shrinking.

The drop in cryptocurrency prices also affected the sales of miners. According to a recent investigation, the heat of the Huaqiangbei mining machine is now no longer in full bloom. The mining machine S9 as an example, in March, the market price of the mining machine fluctuates at lot and it is difficult to obtain one machine in the previous peak period. Today's price has shrunk by half compared to January.