Bitcoin falls below $9,000

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Bitcoin falls below $9,000

The price of Bitcoin has dropped below $9,000 for the first time since 26 November 2017.

Data from CoinMarketCap shows the price of the cryptocurrency peaked at just over $20,000 on 17 December, before beginning a steady decline in the new year.

Other major cryptocurrencies including Ethereum, Litecoin, and Bitcoin Cash have seen a similar drop in value over the period.

Bitcoin’s market cap share has also dropped since its peak of 65% in December 2017.

The market share of Bitcoin is currently 35%, with Ethereum and Ripple trailing at 22% and 8% respectively.

Bitcoin price graph

Now read: Samsung now making crypto mining chips

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