Bitcoin price falls 1.49% overnight
Market Update
The price of Bitcoin (BTC) has fallen by 1.49% to $22,083.50 at 9 am Sydney time.
Bitcoin currently has a market capitalisation of $426.46 billion.
Bitcoin’s closest peer Ethereum (ETH) is currently lower by 0.95%, trading at $1,550.97
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.