Bitcoin slumps as crypto market capitalisation dips below $1tn – The National
- Date: 07-Sep-2022
- Source: The National
- Sector:Financial Markets
- Country:UAE
Bitcoin slumps as crypto market capitalisation dips below $1tn – The National
Bitcoin is flirting with a test of this year’s lows following a cryptocurrency selloff that again pushed the sector’s overall market value below $1 trillion.
The largest digital token has shed more than 6 per cent so far this week and was trading at about $18,775 at 11.41am UAE time.
Crypto market capitalisation has fallen by a similar proportion in the past 24 hours, according to CoinGecko.