Bitcoin price has dipped below $9k, this is the lowest amount in past 2 months.

As per Coindelite Bitcoin Price Index has reached as low as $8932.89, and this happened just after the market opened above $10000.

As bitcoin dropped below $9000 this was the biggest hit since late November 2017. When the price of bitcoin dropped below $9k the estimated figure was close to $8954.13, a dip of roughly 11%.

If you check the market you will all the major cryptocurrency has shown a huge dip during the daytime. The top 10 digital currency has dropped double in term of percentage in past 24 hours, According to the coindelite price chart.

Ripple which recently reached $3 has shown a huge hit and dropped below $1. Ripple was impacted almost double than any other cryptocurrency

While observing the market it shows that in the past 30 days the market capitalization of the digital currency has dropped from $800 billion to $500 billion

Bitcoin price has reached below $9000 and it is expected to drop below $8000, but slowly it will gain its momentum back in the market.