Bitcoin price falls 0.87% overnight

The price of Bitcoin (BTC) has fallen by 0.87% to $20,069.48 at 9 am Sydney time.

Bitcoin currently has a market capitalisation of $387.61 billion. 

Bitcoin’s closest peer Ethereum (ETH) is currently higher by 0.84%, trading at $1,421.53

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.