Bitcoin News: The global digital asset market printed red indexes on Thursday after registering a relief rally over the announcement of lower CPI data. Bitcoin (BTC), the world’s largest crypto saw major volatility as its price went on to dip below the $27k level after trading above $28.2K.
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Bitcoin Price Dip Below $27K
As per the data, Bitcoin price is down by more than 7% over the past 7 days. However, BTC price registered a marginal decline over the past day. Bitcoin price trading at $28,200 on Wednesday went on to drop below the $27k level to stand at $26,992.
However, Bitcoin price saw a slight recovery to regain the crucial $27K. BTC is trading at an average price of $27,414, at the press time. It’s 24 hour trading volume is up by 57% to stand at around $21 billion. BTC dominance currently stands at 46.89% which is a decrease of 0.07% over the past 24 hours.
The post Bitcoin Volatility Leads Liquidation To Breach $190 Million appeared first on CoinGape.
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