Latest Bitcoin price and analysis (BTC to USD)

Latest Bitcoin price and analysis (BTC to USD)

Bitcoin is in the midst of a major market downturn amid fears of a new Covid-19 variant originating in South Africa.

All global stock indices have been struck by fear this morning, with futures for the S&P500 and Dow Jones trading 1.66% and 0.89% lower.

More than $250 million has been wiped off the cryptocurrency market following a cocktail of over-leveraged long positions and negative news.