Crypto Markets Continue Downward Spiral, Bitcoin Falls Below $8,000

Investing, News | June 4, 2019 By:

The cryptocurrency markets have continued to decline today, with almost all of the top ten coins showing significant losses.

The price of bitcoin traded as high as $8,743 during yesterday’s session before dropping below the $8,000 price range. In early trading, the most popular coin is down over 6 percent at around $7,965.

The biggest loser on the day is EOS, down by more than 9 percent over the last 24 hours. Bitcoin Cash, Stellar and Litecoin fell by around 7 percent, while Ethereum and XRP declined by 6.30% and 6.91%, respectively.