The world’s most popular crypto, Bitcoin dropped over $3,000 after reaching a lifetime high of $40,100.
In addition, it’s key to note that the widely used crypto exchange, Coinbase is down at the time of writing this report.
What this means: After hitting a new all-time high of $40,100 a few hours ago, the price of the world’s most popular crypto sunk to approximately $36,500 at press time, a decline of nearly 7%.
- While some crypto analysts are saying that markets will shrug it off, others seem to believe that the end of the current Bitcoin rally is nigh (or indeed, that it is already here).
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Seem weird that your article fails to mention that it moved up $4,000 in the very same day just before eventually taking a $3,000 dip. Seems like an important detail. It’s now at $39,745.