Bitcoin price falls 2.94% overnight
Business news
The price of Bitcoin (BTC) has fallen by 2.94% to $27,210.61 at 9 am Sydney time.
Bitcoin currently has a market capitalisation of $525.85billion.
Bitcoin’s closest peer Ethereum (ETH) is currently lower by 3.94%, trading at $1,723.87
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.