Newsflash: Bitcoin Price Crashes in Monthly Low Below $2,200

Samburaj Das @sambdas
2 years ago

Bitcoin price has taken a dive, falling over 15% on Thursday to hit a low of $2,131.2 on Bitstamp.

The price of bitcoin has taken a downward turn, hitting a global average low of $2,195.68 as it stumbles toward its lowest figure in June.

Market data from CoinmarketCap reveals a significant sell-off in global markets including the United States, China, Korea, Japan and Europe.

The downturn in markets is widespread as the top 40 cryptocurrencies all fell in what resembles a bloodbath.

Thursday’s collapse represents one of the sharpest falls for the cryptocurrency in 2017, altogether losing nearly $500 in value. At the time of publishing, bitcoin is trading to the dollar at $2,130 on Bitstamp.

Since Sunday’s all-time high of $3,000, bitcoin is down over 40% at its lowest point today.

Stay tuned for more coverage.

Last modified (UTC): June 15, 2017 16:11

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