Bitcoin Dips to $83K; ETH, XRP 3% While SOL, ADA Drops 5%
Bitcoin price has dipped to $83k today with it dropping from the key resistance levels of $85k earlier today. As Bitcoin loses its momentum slightly, leading altcoins have taken a decent drop amid market uncertainty.
As the crypto market enters a period of dimmed activity, trading for Bitcoin and other crypto assets has dropped to record lows. It also coincides with the recent market flush where billions of dollars were wiped out from the market.
At the time of writing, Bitcoin price is trading near $83,880 – down 1.88% in the past 24 hours – with a 24 hour trading volume of $27.2 billion. It marked a daily high of $86,397 while later declining as low as $83,145 hours ago.
While…