Bitcoin drops below $30,000 as sell-off intensifies, dragging other cryptos down
World’s largest digital coin dropped more than 5.5%, while Ether, the second-largest crypto, fell over 6%, and XRP sank about 9%, according to CoinDesk data
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Published - Jul 20, 2021, 05:19 PM ET
Last Updated - Feb 09, 2024, 02:14 PM EST
By Arghyadeep Dutta, 11:45 am ET:
Bitcoin fell below $30,000 for the first time in four weeks dragging other cryptocurrencies lower.
World’s largest digital coin dropped more than 5.5%, while Ether, the second-largest crypto, fell over 6%, and XRP sank about 9%, according to CoinDesk data.
About $89 billion got wiped off from the entire cryptocurrency market in 24 hours as of 6:29 am ET on Tuesday, CoinMarketCap data shows.
