Newsflash: Bitcoin Price is Crashing…Toward Yesterday’s Highs

Journalist:
May 25, 2017

In a month of soaring gains, bitcoin price has taken its sharpest fall yet as the cryptocurrency loses over $350 toward $2,400.

After hitting a (new) all-time high of $,2760 on the Thursday’s trading, bitcoin price dovetailed. At 15:00 UTC, bitcoin was hovering near $2,750. Less than two hours later, bitcoin was trading near $2,400.

The figure is closer to yesterday’s numbers, where bitcoin reached a then all-time high of $2,450. Is the market taking a corrective course already?

For a real-time bitcoin price chart, click here.

Developing…

Last modified (UTC): May 25, 2017 19:13

Samburaj Das @sambdas

Samburaj is the Editor for CCN, among the earliest and foremost publications covering financial and blockchain news. He has authored over 2,000 articles for CCN. Email him samburaj(@)ccn.com or find him barely tweeting @sambdas