Newsflash: Bitcoin Price Falls Near $3,750

January 10, 2019 05:49 UTC

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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@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