Share this article
BTC
$82,981.18
-
1.36%ETH
$1,787.85
-
1.69%USDT
$0.9999
+
0.04%XRP
$2.1316
-
0.40%BNB
$591.26
-
1.06%SOL
$119.15
-
3.39%USDC
$1.0003
+
0.03%DOGE
$0.1680
-
1.46%ADA
$0.6492
-
1.92%TRX
$0.2378
-
0.71%LEO
$9.0797
-
4.80%LINK
$12.66
-
2.83%TON
$3.2666
-
3.79%XLM
$0.2504
-
3.71%AVAX
$17.86
-
1.85%SHIB
$0.0₄1232
+
0.11%SUI
$2.2078
-
3.79%HBAR
$0.1613
-
2.66%LTC
$82.10
-
2.82%OM
$6.2534
-
0.08%Sign Up
- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menuResearch
Bitcoin Price Decline Continues As Markets Drop Below $6,500
The price of bitcoin is down more than 9 percent after falling below the $6,500 level.
The price of bitcoin is down more than 8 percent today, continuing losses that began after the cryptocurrency slipped below the $7,000 level.
Markets have fallen to as low as $6,475.40, according to the CoinDesk Bitcoin Price Index (BPI), the lowest level reported since Nov. 1 (when they traded between $6,357 and $6,750.17). The move below $7,000 marked a reversal of the market gains seen earlier this week that pushed the price of bitcoin close to $7,900.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Earlier in the day's trading, the price had climbed as high as $7,330.06, with today's low marking a more than $600 decline since that level.
At press time, bitcoin is trading at $6,567.86.
Roller coaster image via Shutterstock
Stan Higgins
A member of CoinDesk's full-time Editorial Staff since 2014, Stan has long been at the forefront of covering emerging developments in blockchain technology. Stan has previously contributed to financial websites, and is an avid reader of poetry. Stan currently owns a small amount (<$500) worth of BTC, ENG and XTZ (See: Editorial Policy).
