Broadcasts.com - "156: Bitcoin Price Plummets Below $4,000 To 1-Year Low | BTC Under $1K Is Possible Warns Peter Brandt" (Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News)

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156: Bitcoin Price Plummets Below $4,000 To 1-Year Low | BTC Under $1K Is Possible Warns Peter Brandt

Published: March 13, 2020, 2:02 p.m.

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BITCOIN PRICE PLUMMETS TO $3,858 ON COINBASE

On Friday morning, many crypto exchanges saw the BTC price tumbling to a daily low at around $3,800, after which it quickly returned to above $4,000. On Coinbase, the king of crypto hit a daily low at $3,858, while on Bitfinex it stopped at $4,001. The last time when Bitcoin (BTC) was trading below $4,000 was in April 2019, so the cryptocurrency touched the lowest level in almost a year.

This is by far one of the worst weeks for Bitcoin. Since Monday, it has lost 53% to its recent bottom. Last Friday, it traded above $9,100, and has lost 58% since then.