Bitcoin price falls 0.31% overnight

Market Update

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The price of Bitcoin (BTC) has decreased by 0.31% to $43,794.45 at 9 am Sydney time.

Bitcoin currently has a market capitalisation of $856.9 billion. 

Bitcoin’s closest peer Ethereum (ETH) is currently higher by 0.31% trading at $2,362.79

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.