Price Volatility: Bitcoin price drops below $4000 again

The price of Bitcoin cryptocurrency is back below $4000 again. According to Coinmarketcap, the leading cryptocurrency is now getting traded below $4000 as on 13th September. Subsequently, the major cryptocurrency exchanges have observed average price fall.

Price volatility of Cryptocurrencies

It has become trend in cryptocurrency market that every day experience a new price for each currency. Either it goes up or goes down.

Bitcoin price and other cryptocurrency overview

Tough there is a slight price fall in Bitcoin cryptocurrency today. But the traders/investors are hoping the market gets appreciated nearly 300% this year.  Consequently, many other cryptocurrencies including Ethereum, Bitcoin Cash, Ripple, Litecoin, Dash, NEM and many other has seen respective drop in their prices.  As shown in the chart

Cryptocurrency prices falls below expected

After the recent news that China is closing down Bitcoin exchange operation and ICOs has led to the decrease interest of investors among china’s provinces. Although the notification to the same news is yet to be confirmed

Image source: constructionweekonline

Note: The price chart mentioned in this article is according to the time of writing article!

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Qadir AK

Qadir Ak - Co-founder of Coinpedia Blog - His interest as crypto Author, Editor, Speaker at cryptocurrency conference has made him known as passionate blogger and startup in Asia.

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