Acording to media sources, Bitcoin price dropped 9.29% to $48,752.15 at 22:01 GMT on Saturday, losing $4,991.54 from its previous close.
However, bitcoin price dropped 9.29% to $48,752.15 at 22:01 GMT on late Saturday, losing $4,991.54 from its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is down 29.3% from the year’s high of $69,000 on November 10.
Bitcoin price dropped sharply overnight, losing $10,000 in value in a nervous market before recouping some of its losses Saturday morning.
At one point late Friday, the often volatile cryptocurrency took a sudden sharp drop to $42,296, losing nearly 20 percent of its value.The virtual currency had regained some ground, trading at $48,210, down 10 percent from Friday.
