The past 24 hours haven’t been so favorable to the cryptocurrency market, in general. The total capitalization is down below $2 trillion once again, as the bitcoin price dropped to a low of around $41,900 (on Bitstamp). The rest of the market is also in the red as Ethereum is currently trading below $3K.
Bitcoin Price Dips Below $42K
The past couple of days have been a complete roller coaster on the cryptocurrency market and particularly when it comes to bitcoin’s price. Just two days ago, on February 10th, BTC was testing $46K when it got seriously rejected and has been falling ever since.
The price marked a few consecutive red candles after that and tumbled below $43K before managing to find some sort of relief and recovered back towards $44,000. This was for not, however, as the bulls failed to sustain the momentum, resulting in today’s decline.
Today, the price dipped below $42K, and even though it managed to recover a little bit since, BTC is down about 2% on the day at the
We współpracy z: https://cryptopotato.com/bitcoin-correction-continues-amid-market-collapse-eth-below-3k-weekend-watch/