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Bitcoin Crashes Towards $18K, Crypto Markets Shed $80 Billion Daily (Market Watch)

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The crypto market cap is down to its lowest level in months, as BTC dumped to a 3-month low.

The price of bitcoin took another turn for the worse in the past 24 hours, dumping towards a multi-month low of $18,400.

As the US CPI numbers came out, BTC nosedived to $20,000. A day later, it was already suffering beneath that coveted line.$20,000 on Sunday. However, the landscape changed in the past 12 hours.This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:BTC started dumping once more, first to below $19,000 and later to its lowest price position in three months – at $18,400.

The rest of the larger-cap alts are in pain, too. Binance Coin and Tron seem to be taking this retracement less violently, with drops of “just” 6.5% and 5%, respectively.

 

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