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Bitcoin dropped below the $4,200 price point to
as low as $4,195 earlier today, breaking the
lowest threshold for the first time since
September, 2017. As of press time, the major
cryptocurrency is down around 4.5 percent and
is trading at $4,291. Following a massive
decline last week, Bitcoin is down around 23
percent over the past 7 days.
Bitcoin’s dominance on the markets accounts
for about 54 percent as of press time, according
to CoinMarketCap .
Bitcoin 24-hour price chart. Source:
CoinMarketCap Bitcoin Price Index
Ripple ( XRP), the second top cryptocurrency by
market cap, has also been touched by the
decline, down 7.6 percent over the 24 hour
period. The cryptocurrency is trading at $0.402
as of press time, down over 14 percent over the
past week.
Credit:https://cointelegraph.com/news/bitcoin-hits-another-low-bitcoin-cash-is-down-almost-50-on-the-week