Bitcoin's price dropped below $ 7,000

in #bitcoin7 years ago

The price of a Bitcoin fell below the $ 7,000 threshold, this correction taking place one day after rising above $ 7,600. This move to the crypto market represents a decline of over $ 400 on the backdrop of yesterday's trading, according to CoinDesk Bitcoin Price (BPI) data.

As reported previously, prices went up during Sunday to a new level before it started retiring. The decline below $ 7,000 began around 18:58 UTC, according to BPI, the market even falling to $ 6,948.57. Closing the trading day was a recovery, with Bitcoin traded at about $ 6,989.64, down 5.6% for Monday.

More detailed market data indicates that the BTC price drop is in contrast to market developments for other cryptomonas. For example, on CoinMarketCap.com data, the Monero price rose by more than 13% in the past 24 hours. Ethereum, the second largest cryptomonade according to stock market capitalization, grew by about 2.5% on the last trading day.

Today's session opened at $ 6958.21 per Bitcoin, this being the lowest one, with the maximum being around $ 7200.

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