Bitcoin Newsroom Articles
After months of a sustained bullish rally, bitcoin price has swung to a significant
slump, hitting a low of $887 on the Bitstamp Price Index (BPI) today. The dramatic
drop comes within a day of bitcoin inching close to its all-
The first signs of a collapse began at 09:00 (UTC), when bitcoin was trading at $1,134.78.
Come midday, things took a turn further south as price went from $1,099.99 at noon
to $988.54 at the end of the hour. The 1-
At the time of publishing, bitcoin price is showing signs of another rebound, trading at $960.
For the most recent bitcoin price analysis piece from CCN analyst Jim Fredrickson, click here. Today’s analysis, written before the big drop, will be published soon.
All time references are in Coordinated Universal Time (UTC).