Bitcoin made a steady drop in the recent past and continues to fall. In the last 24 hours Bitcoin dropped by nearly 0.79% where as in the last seven days it has seen a fall of 8.56%.
Earlier, Bitcoin was grappling between the $17,500 to $17,700 mark.
This development comes after the price of Bitcoin raked up over $19,200 last night (IST). It was a significant growth for Bitcoin but the king crypto has now dropped by over $2000.
It is now advisable for the Bitcoin traders to not invest in Bitcoin at this period of time as significant turbulence is expected in the price of the king crypto which might further deter in the upcoming hours.
The graph of Bitcoin has also shown a significant plunge in the last seven days which might remain the same in the upcoming hours before it comes back to normal.
The price of Bitcoin is currently equal to 12,79,233.61 INR