April 19, 2024

BTC price collapsed and dragged altcoins

BTC price collapsed and dragged altcoins

Bitcoin price fell 15% two days before the block reward cut.

Tonight in just 15 minutes BTC pricefell from $9600 to $8112. Afterwards, the market recovered a little, and BTC is now trading around $8,700. 

Altcoin prices followed the flagship cryptocurrency. Most top coins have fallen in price by at least 10%. The market's market capitalization is now about $240 billion. 

BTC price collapsed and dragged altcoins

Recall that before halving bitcoin there are less than two days left. Experts continue to argue about the impact of the upcoming event on the price of MTC.