Bitcoin price (BTC/USD) hits six-day low amid poor Wednesday trading
Bitcoin’s latest drop has coincided with a larger downward trend observed across the digital currency market. Most major digital coins have seen price declines over the past 24 hours. In fact, apart from the stalecoin Tether (UDST), the only top 10 digital currency posting gains over that period is EOS. The eight-largest digital coin has gained 3.6% over that period, compared to Bitcoin’s 2.3% loss. Binance’s native token BNB has been among the biggest losers with a 4.3% drop.
In today’s trading, the Bitcoin price stood at $9,769.35, as of 11:10 BST. The digital coin’s total market capitalisation currently stands at $174.2 billion, which represents 65% of the combined value of all digital currencies.
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