Red Alert: Bitcoin Price Takes a Dive Below $9,400

  • Bitcoin crashes to $9,370
  • Altcoins fall even harder, except Link, which is in the green

Bitcoin price dropped hard today, falling to $9,370, the lowest point on Sept. 24, so far. We started the day at $9,780 but soon dropped down to $9,500 and then below $9,400. At the time of writing, BTC has been trading at $9,530 with 24 hours loss of 3.44%.

Trading volume, in response, surged to $893 million, rising from about $400 million seen last week.

Source: TradingView

As we come to end the Q3 of 2019, Bitcoin is finally looking to make its way to $8k that analysts and traders have been calling out for since Q2. We made a good start of the month, climbing to almost $11,000, only to drop down and struggle around $10,000.

Since last week, BTC price has been looking to finally make a move and then on the weekend, Bakkt launched its much-anticipated physically delivered daily and monthly bitcoin futures.

Before the launch, analysts have projected this week to see Bitcoin making a “big move” and decide the direction it will move in, for the coming weeks or months. Also, looks like we will finally get to see either $8,000 or much lower $7,000.

Altcoins Goes Deep Red

As Bitcoin crashes, altcoins fall even harder. EOS is leading the losses by 11.20% followed by BSV (10.88%), Stellar (10.19%), Tron (9.44%), Cardano (8.94%), and Ethereum (8.01%), as per Coincodex.

Source: Coin360

Links is the only coin among the top cryptocurrencies that is an exception to this red market, trading in the green by 5.50% at $1.95.

Total market cap is ready to break the $250 billion mark while BTC dominance has gone back to just above 70%.

Bitcoin (BTC) Live Price

1 BTC/USD =$60,189.9470 change ~ -0.29%

Coin Market Cap

$1.12 Trillion

24 Hour Volume

$15.41 Billion

24 Hour VWAP

$59.78 K

24 Hour Change


Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide