Bitcoin Price Drops Below $35,000

The collapse of bitcoin pulled the rest of the market down. The first cryptocurrency has fallen in price by 8.5% over the past day (accordin...

The collapse of bitcoin pulled the rest of the market down.

The first cryptocurrency has fallen in price by 8.5% over the past day (according to CoinGecko). At the time of writing, Bitcoin is trading around $34,870, ForkLog reports.

In the hourly chart below, you can see that the fall in the price of digital gold was accompanied by a surge in trading volumes.

The collapse of bitcoin pulled the rest of the market down. Among the top 10 cryptocurrencies by market capitalization, Ethereum, BNB, XRP, and Cardano fell by more than 10%.

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iTechScroll: Bitcoin Price Drops Below $35,000
Bitcoin Price Drops Below $35,000
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