PiCK
[Market Update] Bitcoin breaks below the $86,000 level… crypto asset market widens losses
Suehyeon Lee
Summary
- Bitcoin's $86,000 level has collapsed, intensifying the downtrend.
- Bitcoin is trading at $85,963.19, down 4.11%, and on Upbit it is trading at 127,796,000 won, down 1.03%.
- Major altcoins such as Ethereum, XRP, and Solana are also recording declines.
Bitcoin (BTC)'s downtrend has deepened, with even the $86,000 level breaking.
As of 11:18 a.m. on the 16th (Korea time), according to CoinMarketCap, Bitcoin is trading at $85,963.19, down 4.11% from the previous day. On Upbit's KRW market, it is trading at 127,796,000 won, down 1.03% from the previous day.
Major altcoins, including Ethereum (ETH), are also showing declines across the board. Ethereum is currently trading on CoinMarketCap at $2,943.72, down 6.2% from the previous day; XRP is trading at $1.86, down 7.13% from the previous day. Solana (SOL) is recording $126.37, down 4.14% from the previous day.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
