Bitcoin Drops Below $3.4K to Set a New 2018 Low

Bitcoin, the world’s largest cryptocurrency by market capitalization, has once again hit a fresh 2018 low amid a greater crypto market sell-off.

On Dec. 7 around 1:00 UTC, bitcoin (BTC) dropped by 11.46 percent to find a bid below $3,500 at $3,306 surpassing the prior low of $3,640, according to CoinMarketCap and CoinDesk data.

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