Bitcoin Price Sharp Drops 30% from 2019 High to Land Near $9,700

Published: July 2, 2019 | by Bitcoin Press News Team

Bitcoin is trading downward, but don’t call it a spiral. | Source: Shutterstock Since June 23, within a two-week span, the bitcoin price fell from $13,868 to $9,711, demonstrating a sharp correction of nearly 30 percent. The “Real 10” volume of bitcoin, which refers to the total verifiable volume of the dominant crypto asset taken from ten exchanges verified to have real volume above $1 million by Bitwise Asset Management, remains above $2.9 billion, a high figure compared to March.

In March, the Real 10 volume was hovering at $300 million with the majority coming from the CME bitcoin futures […]