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Bitcoin Price Sees Second Sharp Decline This Week, Falling Below $8,000
Following a decline of more than 15% in an hour on Tuesday, the Bitcoin price fell another 8% Thursday morning. After rising to a high of $8,629.96 on Binance, where Bitcoin is traded against the U.S. dollar-backed Tether stablecoin, Wednesday evening, the world's most popular cryptocurrency fell to a low of $7,750 around noon on Thursday. This amounts to a total decline of roughly 10%. Bitcoin's sharp decline started around 9:15 a.m. on Thursday, when the price was still over $8,400. The price was hovering around $7,900 at the time of this writing, which is a roughly 18% drop from the start of the month. Unlike the ... (full story)