Newsflash: Bitcoin Price Takes a Sharp Fall Below $2,100

Journalist:
Samburaj Das @sambdas
May 26, 2017

Bitcoin price takes a sharp plunge for the second trading day to hit a low of $2,060 on Bitstamp.

After reaching an all-time high of $2,760 yesterday before a tumble toward $2,400, the price of Bitcoin is falling again as it hits a 3-day low of $2,060.

Analysts predicted a correction of 47% if bitcoin hit a ceiling of $2,800 yesterday, but a second consecutive day of the month’s deepest plunges points to the market taking a corrective course presently.

Last modified (UTC): May 26, 2017 21:47

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