Bitcoin dips below $6,000 amid cryptocurrency sell-off

in #bitcoin • 6 years ago


  • Bitcoin nears its lowest level of the year.
  • Other major cryptocurrencies ether and XRP fell alongside bitcoin.
  • The total market capitalization of all cryptocurrencies dropped $21 billion in 24 hours.
  • Bitcoin fell below $6,000 Monday for the first time since June as the majority of cryptocurrencies declined in value.

The world's largest digital currency by market value tumbled as low as $5,900 at around 10 p.m. ET, and was down around 4 percent, according to CoinDesk index data, which tracks prices from several exchanges. The cryptocurrency later recovered to $6,112 by 9 a.m. ET.


Bitcoin's price is close to its lowest point of the year hit on June 18, when it retreated to $5,785.

#sell #off #amid #below
6 years ago in #bitcoin by
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