DailyHum Logo
Bitcoin Drops $9K in an Hour on Spot Market Selling; El Salvador Again Buys The Dip
Dec 03, 2021 | Yahoo Finance
Picture - Bitcoin Drops $9K in an Hour on Spot Market Selling; El Salvador Again Buys The Dip

The price of bitcoin plummeted early Saturday, falling nearly $10,000 in roughly an hour to a temporary low of $42,000 before bouncing up to $45,000.

Bitcoin has fallen some $15,000 over the past 24 hours. Ether, the second largest cryptocurrency by market capitalization, fell around $1,100 over the same time period.

The leading cryptocurrency reflected a broader drop in crypto markets, according to CoinDesk’s price index, with some cryptocurrencies falling more than 20% over the past 24 hours. Most of these assets appear to have suffered a sharp decline starting around 04:00 UTC Saturday.

Sponsored
11 hours ago | Yahoo Finance
Will Apple buy Peloton?
12 hours ago | Yahoo Money
How to Buy Your First Home
Vrouwekerk in Leiden, Netherlands
8 hours ago | Atlas Obscura
Travel