Bitcoin price falls 1.62% overnight
Market Update
The price of Bitcoin (BTC) has decreased by 1.62% to $42,645.15 at 9 am Sydney time.
Bitcoin currently has a market capitalisation of $836.46 billion.
Bitcoin’s closest peer Ethereum (ETH) is currently lower by 3.40% trading at $2,286.00
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.