Published on September 15th, 2017 | by bitcoin0
Price Of Bitcoin Down More than $500 Today
The price of bitcoin fell more than $500 today as market turmoil continues in the aftermath of Chinese exchange BTCC’s trading stoppage announcement.
The CoinDesk Bitcoin Price Index (BPI) has hit a fresh low of $3,350.17 – roughly $523 down from the day’s open of $3,874.26.
When accounting for the day’s price high of $3,923.98, that figure swells to approximately $573.
At press time, the price is at $3,363.25, according to the BPI.
The new move downward comes hours after bitcoin’s price fell below $3,500, falling below the 50-day moving average for the first time since July 20.