Bitcoin price drop below traders’ cost basis warns of deeper sell-off


$ 116,238.5
€ 98,922.3
¥ 38,800.0
£ 86,189.4
BTC
-1.05 %
$ 4,520.65
€ 3,847.26
¥ 1,509.21
£ 3,353.41
ETH
-1.52 %
$ 300.98
€ 255.43
¥ 100.57
£ 222.55
XMR
0.33 %
$ 116.25
€ 98.92
¥ 38.80
£ 86.19
LTC
0.15 %

Bitcoin price fell below traders’ average entry point, leading analysts to caution that the current sell-off could continue.