Bitcoin Price Drops to $15,000 Range

IranGate
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Bitcoin Price Drops to $15,000 Range

Bitcoin’s Price Drops to the $15,000 Range

In the early hours of trading on Tuesday, the price of Bitcoin and the cryptocurrency market witnessed a decline, with most coins in the red zone.

The global cryptocurrency market value is currently $78,424 billion, showing a 21% drop compared to the previous day.

Additionally, the total trading volume has increased by 18% over the past 24 hours, reaching $6,263 billion.

On the other hand, $505 million worth of short positions in Bitcoin futures have been liquidated over the past 24 hours.

Bitcoin is trading at approximately $15,661 with a decline of about 3%, and Ethereum is trading at $1,084 with a drop of around 4%.

Other well-known cryptocurrencies like Dogecoin, Shiba Inu, Ripple, and Cardano have also experienced price drops.

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