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Bitcoin Drops to $10K Amid Worst Single-Day Loss in a Month
The cryptocurrency markets were flashing red again on Thursday after bitcoin (BTC), the world’s largest cryptocurrency by market capitalization, fell by more than $900 in 24 hours. On August 14, beginning at 12:00 UTC, BTC began to fall sharply from $10,862 to as low as $9,888 before traders bought the price back up above $10,000. It marks the worst single-day loss since July 16, approximately 30 days ago. However, BTC’s price has successfully defended a sub $10,000 close on yesterday’s trading period and is currently changing hands at $10,084. The move down was also accompanied by a large surge in total ... (full story)
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