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Bitcoin Down 10%, Trading Around $54,000

© AFP 2023 / ROBYN BECKA sign offering Bitcoin for sale is seen in a store window in Hollywood, California, October 20, 2022.
A sign offering Bitcoin for sale is seen in a store window in Hollywood, California, October 20, 2022.  - Sputnik International, 1920, 05.08.2024
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The last time the price of bitcoin fell to $54,000 was in early July after previously falling to that level in late February.
MOSCOW (Sputnik) - The price of bitcoin fell 10% early Monday morning to a one-month low just above $54,000, according to trading data.
On the largest cryptocurrency exchange Binance bitcoin was trading down 10.4% at $54,394 as of 2:12 GMT. According to the Coinmarketcap portal, which calculates the average price for more than 20 exchanges, the price of bitcoin fell by 11.5%.
The last time the price of bitcoin fell to $54,000 was in early July after previously falling to that level in late February.
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