Bitcoin price falls 0.40% overnight

The price of Bitcoin (BTC) has fallen by 0.40% to $24,531.84 at 9 am Sydney time.

Bitcoin currently has a market capitalisation of $473.92 billion. 

Bitcoin’s closest peer Ethereum (ETH) is currently lower by 2.52%, trading at $1,659.68

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.