Newsflash: Bitcoin Price Falls Near $3,750

Bitcoin price retreated below $4,000 for the first time this week to trade near $3,750 during Thursday’s early trading period.…

Bitcoin price retreated below $4,000 for the first time this week to trade near $3,750 during Thursday’s early trading period.

The price of bitcoin, the world’s first and foremost cryptocurrency by market value, was trading at $4,036 (Bitstamp) at 07:00 UTC on Thursday before a precipitous fall leading to a drop of nearly $300 in under 30 minutes.

At press time, bitcoin price is trading at $3,782. The drop has also impacted a wider sell-off in the cryptocurrency market, wiping out nearly $10 billion in a 3-hour period.

Developing…stay tuned for a wider market analysis.

Click here for a real-time bitcoin price chart or here to review our latest crypto market coverage.

Featured Image from Shutterstock. Charts from TradingView.

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Samburaj Das @sambdas

Samburaj is the Editor for CCN, among the earliest and foremost publications covering blockchain, cryptocurrency and financial technology news. He has authored over 1,500 articles for CCN and is invested in Bitcoin. Email him samburaj(@)ccn.com or find him barely tweeting @sambdas

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