Bitcoin Price Crashes To $88,000 Range To Seven Month Low
Crypto markets are retreating more today as the Bitcoin price hovered near a seven-month low, with leading crypto stocks seeing notable declines.
Bitcoin price is currently trading at $89,090, down 4% over the past 24 hours, with a 24-hour trading volume of $71 billion. The cryptocurrency is 4% below its seven-day high of $93,662 and roughly flat from its seven-day low of $88,800, according to Bitcoin Magazine Pro data. With a circulating supply of 19.95 million BTC out of a maximum 21 million, Bitcoin’s market capitalization stands at $1.78 trillion.
Coinbase Global dropped 4.9%, Bitfarms fell 7.5%, Strategy slipped 10.3%, Riot Platforms lost 3.7%, Hut 8 Mining fell 3.3%, and Mara Holdings dropped 6.6%, at the time of writing.
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