Bitcoin Falls Below $39,000

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The price of Bitcoin has today updated its local minimum since mid-March. At the moment, the price of the crypto has dropped below $38,550.

According to CoinGecko, at the moment, the BTC price has corrected to levels above $38,900. Over the past day, the asset has fallen by 3.4%, and by 7.8% over the week.

Coinglass has said that positions worth $225 million have been liquidated in the futures market in a day, of which more than $64 million accounted for digital gold.

All assets from the top 10 by capitalization have fallen dragged down by BTC, with the exception of USDT. Over the past 24 hours, Ethereum has lost 4%, and the moment, the coin is holding at around $2,920.

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