June 10, 2021
LONDON (AFP) – The price of bitcoin fell sharply on Tuesday, approaching a symbolic USD30,000 threshold it has not crossed since January and dragging other cryptocurrencies in its wake.
At around 15.45 GMT, bitcoin fell 8.6 per cent to a value of USD31,501, a level not seen since mid-May, when the volatile cryptocurrency temporarily lost 30 per cent in one session.
The second-largest cryptocurrency, ethereum, lost 11.2 per cent of its value, falling to USD2,361.
“Numbers that should be staggering for a single day’s performance are no longer a shock to those of us invested in the crypto universe,” analyst at SpreadEx.com Hugh Shields said, calling the market an “anomaly”.