Newsflash: Bitcoin Price Dives to $3,658, Down 13% Since Sunday

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The bitcoin price took another dive on Wednesday, slipping below the $3,700 mark after trading within a tight window for several days. Bitcoin had bounced around the $3,800 mark for most of the day but dipped below it shortly before 14:00 UTC. Six hours later, the flagship cryptocurrency experienced a sharp drop that carried it from $3,795 to $3,658 within a matter of minutes. That move took the bitcoin price to its lowest price since Feb. 18 and represented a 13 percent pullback from its Sunday high of $4,190. The cryptocurrency is currently trading at $3,731 following a moderate recovery.

The post Newsflash: Bitcoin Price Dives to $3,658, Down 13% Since Sunday appeared first on CCN

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