Bitcoin Price Drops By Over $250 as Crypto Markets Lose Billions Just two days after achieving a historic high of over $5,000 on September 2, bitcoin's price has plummeted to below $4,400.
The notable sell-off – the biggest in the crypto markets since July 15 – began immediately after the record high of $5,013.91 had been reached Saturday, and has continued today, according to data from CoinDesk's Bitcoin Price Index.
Starting the session at $4,631, the digital asset traded sideways for a time (with a high of $4,636), until around 07:00 UTC, when a sharp drop was observed taking bitcoin to a low of $4,345 for the session.
https://www.coindesk.com/bitcoin-price-drops-by-over-250-as-crypto-markets-lose-billions/
