Bitcoin Drop: Bitcoin Loses $200 in 24-hours, Crypto Market Follows

Bitcoin Drop

The crypto market is suffering huge losses across the board today. And leading the drop-off is the largest coin by market cap; Bitcoin dropped from over $6,500 to a new two-week low of $6,243 in early trade today.

The coin has lost over $200 in a 24-hour period, and as happens more commonly than not, there is no definite reason for the sudden drop.

Bitcoin Drop

The sudden Bitcoin drop has come somewhat as a surprise. The world’s biggest coin has been hovering between $6,600 and $6,400 for 14-days straight. A stint that has …

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About Brian Crain 113 Articles
Brian is a contributor here at Mid Scope. Brian was previously in charge of Business Development at the enterprise blockchain company Monax. He has degrees in economics, philosophy and cognitive science from The University of Chicago, London School of Economics and University College London.