Bitcoin Price Plunge

Bitcoin price plummeted below the support level of $8000 for a third time today. The huge volatility in crypto markets wiped off more than $417 billion from the total market capitalization in the last month alone making this bitcoin price plunge one of the greatest yet.

Consequently, the broader selloff has pulled back the cryptocurrency prices at the lowest level in the last three months.

Bitcoin price plunged below $8,000 during the Friday trade, and although bounced back above $9,000 over the weekend, it has again dipped below $8,000 today. After those dramatic swings, …

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