Bitcoin price drops to lowest level since February amid wider cryptocurrency selloff
Cointime2024/07/05 08:07
By:Cointime
The price of Bitcoin hit its lowest point since February due to a widespread sell-off in the cryptocurrency market. This was caused by the defunct crypto exchange Mt. Gox beginning to pay back its creditors. Bitcoin briefly dropped below $54,000 before stabilizing just above that level. In the past 24 hours, the price of Bitcoin has fallen over 6.7%, and its value has decreased by more than 11% compared to last week. This is an ongoing situation.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.