Newsflash: Bitcoin Price Breaks South, Drops to $6,211

bitcoin price decline

The bitcoin price took a southward turn on Monday, dropping beneath $6,300 as the cryptocurrency market experienced a jolt of volatility.

Bitcoin had been uncharacteristically stable in recent weeks, so much so that its price briefly became less volatile than major Wall Street stocks including Amazon and Netflix. However, trading volume began to tick up on Sunday, rising 20 percent to $3.5 billion, a data point that some analysts said could predicate a break into the high $6,000 region.

But while the bitcoin price did make a run on Monday, it was not to the upside.

bitcoin price chart
BTC/USD | Coinbase

On Coinbase, the flagship cryptocurrency — which had been trading at $6,400 earlier in the day — took a southward turn shortly after 11:15 UTC, dropping below the $6,300 mark and continuing to decline from there. BTC/USD slipped as far as $6,211 on the prominent US exchange before creeping back up to $6,273 at the time of writing.

Click here for a real-time bitcoin price chart. Stay tuned for detailed technical analysis on the latest market action.

Featured Image from Shutterstock. Charts from TradingView.

Follow us on Telegram or subscribe to our newsletter here.Advertisement

Newsflash: Bitcoin Price Breaks South, Drops to $6,211 1
About the author

E-Crypto News was developed to assist all cryptocurrency investors in developing profitable cryptocurrency portfolios through the provision of timely and much-needed information. Investments in cryptocurrency require a level of detail, sensitivity, and accuracy that isn’t required in any other market and as such, we’ve developed our databases to help fill in information gaps.

Related Posts

E-Crypto News Executive Interviews



bitcoin
Bitcoin (BTC) $ 42,131.00
ethereum
Ethereum (ETH) $ 2,854.85
cardano
Cardano (ADA) $ 2.21
tether
Tether (USDT) $ 1.00
binance-coin
Binance Coin (BNB) $ 341.09
xrp
XRP (XRP) $ 0.91933
solana
Solana (SOL) $ 129.16
usd-coin
USD Coin (USDC) $ 0.995571
polkadot
Polkadot (DOT) $ 28.51
dogecoin
Dogecoin (DOGE) $ 0.204831
USD
EUR
GBP
bitcoinBitcoin (BTC)
$ 42,131.00
ethereumEthereum (ETH)
$ 2,854.85
tetherTether (USDT)
$ 1.00
bitcoin-cashBitcoin Cash (BCH)
$ 502.16
litecoinLitecoin (LTC)
$ 147.26
bitcoinBitcoin (BTC)
35.894,35
ethereumEthereum (ETH)
2.432,25
tetherTether (USDT)
0,851970
bitcoin-cashBitcoin Cash (BCH)
427,83
litecoinLitecoin (LTC)
125,46
bitcoinBitcoin (BTC)
30,742.36
ethereumEthereum (ETH)
2,083.14
tetherTether (USDT)
0.729685
bitcoin-cashBitcoin Cash (BCH)
366.42
litecoinLitecoin (LTC)
107.45

Automated trading with HaasBot Crypto Trading Bots

Crypto Scams

Crypto Scams
Crypto Scams Still Persistent In 2021, SEC Warns About Red Flags To Watch
September 9, 2021
Poly Network
Here’s How Hackers Stole Over $600 million in the Poly Network Attack
August 12, 2021
The World’s Most Infamous Crypto Hacks and Scams
July 31, 2021
Cryptocurrency Exchanges
Cryptocurrency Exchanges and the Plague of Scams and Bans
June 29, 2021
What Role Do Cryptocurrencies Play In The Era Of Ransomware Attacks?
June 9, 2021

Blockchain/Cryptocurrency Questions and Answers

Beginner’s Guide to Investing in Cryptocurrency
August 9, 2021
Short-Sell Cryptocurrency
How to Short-Sell Cryptocurrency: A Brief Overview
July 17, 2021
Klaytn
What Is Klaytn (KLAY) And How Does It Work?
July 16, 2021
Cryptocurrencies
Our Crypto Roundup Interview Asks- Do Cryptocurrencies Have a Future?
July 15, 2021
Solana
What Is Solana (SOL) And How Does It Work?
June 26, 2021


CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin42,023 0.94 % 1.68 % 12.94 %
Ethereum2,853.4 1.21 % 2.76 % 16.75 %
Cardano2.220 1.67 % 3.11 % 6.36 %
Tether0.9986 0.03 % 0.08 % 0.23 %
Binance Coin338.66 2.15 % 5.27 % 17.70 %
XRP0.9167 1.60 % 3.53 % 14.79 %
Solana129.24 1.49 % 8.12 % 24.03 %
USD Coin0.9994 0.36 % 0.43 % 0.43 %
Polkadot30.87 2.19 % 17.29 % 10.73 %
Dogecoin0.2037 1.70 % 4.09 % 15.79 %

bitcoin
Bitcoin (BTC) $ 42,131.00
ethereum
Ethereum (ETH) $ 2,854.85
cardano
Cardano (ADA) $ 2.21
tether
Tether (USDT) $ 1.00
binance-coin
Binance Coin (BNB) $ 341.09
xrp
XRP (XRP) $ 0.91933
solana
Solana (SOL) $ 129.16
usd-coin
USD Coin (USDC) $ 0.995571
polkadot
Polkadot (DOT) $ 28.51
dogecoin
Dogecoin (DOGE) $ 0.204831