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Bitcoin price briefly drops below $5000 as brutal crypto sell-off continues





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  • Bitcoin’s price dropped sharply on Monday, briefly falling below $5,000 per coin.
  • By 11.45 a.m. ET, the benchmark cryptocurrency was trading lower by around 8.5% at $5,164, having rebounded a little from the worst of the day’s trading.
  • “Bitcoin collapsed like a house of cards on Monday,” Lukman Otunuga, research analyst at FXTM said in an email.

The price of bitcoin dropped sharply on Monday, briefly dipping below $5,000 per coin as a brutal sell-off gripping the cryptocurrency market deepened.

By 11.45 a.m. ET, the benchmark cryptocurrency was trading lower by around 8.5% at $5,164, having rebounded a little from the worst of read more >>>

Source:: BusinessInsider.Com

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