Bitcoin’s (BTC) price plunged below $94,000 late Thursday in rapid retreat from its newfound all-time high around $100,000.
There was no immediately obvious reason for the drop.
CoinDesk Indices data, which incorporates prices from several sources, shows bitcoin dropped as low as $93,468.34. Meanwhile, it got to about $90,500 on Binance and $92,000 on Coinbase.
The selling did not spread across the rest of crypto — which is unusual. While bitcoin went into freefall, other tokens didn’t really budge.
Bitcoin then rebounded back above $96,000.
Source link
Nick Baker
https://www.coindesk.com/markets/2024/12/05/bitcoin-crashed-below-94-k-in-sudden-plunge-from-record-perch-around-100-k
2024-12-05 22:45:29
