Bitcoin price (BTC/USD) drops below $10,000 on Tuesday morning

Bitcoin price (BTC/USD) drops below $10,000 on Tuesday morning

Some analysts have opined that recent correction is a positive development for the crypto space. EToro’s senior market analyst Mati Greenspan described the development as “a bucket of ice water that was dumped on the anxious crypto market, which was indeed getting a bit too hot”.

In today’s trading, the Bitcoin price stood at $10,053.81, as of 11:44 BST. The digital currency has lost 8.7% of its value in the past 24 hours. Its total market cap currently stands at $178.9 billion, which represents 60.5% of the combined value of all digital currencies.

Featured image: chanchai howharn / Shutterstock.com

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The post Bitcoin price (BTC/USD) drops below $10,000 on Tuesday morning appeared first on The Independent Republic.

 

source: https://theindependentrepublic.com/bitcoin-price-btc-usd-drops-below-10000-on-tuesday-morning/

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