Market News: Bitcoin Price Dips Below $9,000 Hitting a 2-Month Low Mark
Published in
1 min readFeb 2, 2018
Bitcoin Price has dipped beneath $9,000 mark for the first time in over 2 months.
The decrease below $9,000 is the lowest bitcoin has dropped since late November 2017. As of writing time, the price of bitcoin was trading at roughly $8,350.
Additional market data shows how many other cryptocurrencies are experiencing price drops. Most of the top 25 cryptocurrencies are seeing double-digit percentage declines, according to price-tracking websites CoinMarketCap and OnChainFX.
In the past 30 days, the collective market capitalization for all cryptocurrencies has fallen from more than $800 billion to less than $500 billion.
