Bitcoin's Price Drops $1K in Sharp Break Below $10KsteemCreated with Sketch.

in bitcoin •  7 years ago 

Bitcoin's price fell sharply during mid-day trading on Wednesday, dropping more than $1,000 amid reports of exchange issues.

CoinDesk's Bitcoin Price Index (BPI) hit a low of $9,494.45 - representing a decline of more than $1,200 from the day's opening price of $10,709.53. The sharp drop is notable, considering that the cryptocurrency's price had risen above $10,800 earlier in the day.

At press time, bitcoin's price had recovered slightly, and was trading at $9,714.

https://www.coindesk.com/bitcoin-price-drop-1k-10k-break/

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Wow nice post. Keep em coming. will folloy you for more in the future :)

Thanks for the follow
I'm still working out to a better bloger

I have total faith in Bitcoin and the overall crypto market. Blockchain is the technology that will certainly be implemented in more and more locations, so any losses that are experienced right now are for the short-term. But what do I know, I'm just a knuckle head :P Nice post!

I wouldn't be surprised if this downtrend is from the continued selloff from the Mt Goc administrations
each time
I'm also invested in Bitcoin and hope it can return to 20k+.
ill follow you and keep up with your posts.