Bitcoin's price continued a downward trend Thursday, falling nearly $1,000 in a 20-minute period according to data from Coinbase Pro, which indicated the world's largest cryptocurrency by market cap dropped from $11,700 at 16:05 UTC to $10,800 by 17:44 UTC. While the price briefly stabilized, it fell as far as $10,346, according to Coinbase data.
As of press time, bitcoin's price hovered around $10,600.
The overall crypto market shed some $80 billion over the past 24 hours.
This is the second day in a row that bitcoin's price has slumped, after the frenzy which coincided yesterday with Coinbase's brief outage.
At the time, bitcoin's price fell more than $1,700 in 15 minutes.
Bitcoin Price Takes Another Tumble, Shedding Nearly $1,000 in 20 Minutes
Publicado en Jun 27, 2019
by Coindesk | Publicado en Coinage
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