Editor's PiCK

[Market] Bitcoin breaks below $76,000 as selloff shows no sign of easing

Source
Suehyeon Lee

Summary

  • Bitcoin (BTC) extended its relentless decline and fell below the $76,000 level.
  • As of 8:10 a.m. KST on the 2nd, Bitcoin was trading at $75,810.54, down 3.1% from the previous day, according to CoinMarketCap.
  • Major altcoins such as Ethereum (ETH), XRP, and Solana also continued their downtrend in prices.
Photo=Azrialette/Shutterstock
Photo=Azrialette/Shutterstock

Bitcoin (BTC) has extended its relentless decline, slipping below the $76,000 level.

As of 8:10 a.m. KST on the 2nd, Bitcoin was trading at $75,810.54, down 3.1% from the previous day, according to CoinMarketCap. On Upbit’s KRW market, it was trading at 112,284,000 won, down 4.5% from the prior day.

Major altcoins, including Ethereum (ETH), also continued to fall. Ethereum is currently trading at $2,253.94, down 7% from the previous day, while XRP is trading at $1.56, down 2.95% day on day. Solana is also trading at $99.2, down 4.77% from the previous day.

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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