The price of Bitcoin (BTC) has fallen by 0.072% to $28,036.12 at 9 am Sydney time.
Bitcoin currently has a market capitalisation of $541.77 billion.
Bitcoin’s closest peer Ethereum (ETH) is currently higher by 2.15%, trading at $1,794.51
Together Bitcoin and Ethereum make up almost 60% of the total cryptocurrency market.
This means that the prices for Bitcoin and Ethereum can indicate the direction of the market more broadly.