Bitcoin price falls below $36,000
There was a bloodbath in the cryptocurrency world this week as the price of bitcoin (BTC) took every coin with it. Today, the entire crypto economy lost 11% in the last 24 hours. BTC has been in a downtrend since ATH crypto-asset, and since December 27, 2021, when BTC was trading at $52,000, bitcoin has lost more than 32% in value against the U.S. dollar.
Just after 5 a.m. (EST) on Saturday morning, the value of BTC fell to its lowest level in a year, hitting $34,000 per unit. The daily range of the leading crypto-asset is between $39,177 and $34,000 per BTC. While BTC has fallen heavily in value over the past 48 hours from $43,400 to the current $35,500 to $36,000 per unit, BTC's dominance has increased significantly.
