Bitcoin News

Altcoins Led Sell-off Intensifies as Bitcoin Erases All Monthly Gains

The crypto market took another step lower for the second day in a row, with bitcoin (BTC) falling below USD 11,000 for the first time since the end of July.

At pixel time (15:12 UTC), BTC trades at USD 10,818 and is down by almost 5% in a day and a week. The price also dropped by 2% in a month, but it’s still up by 4% in a year.

BTC price chart:

At the same time, other coins from the top 10 are down by 4%-11%. Meanwhile, tron (TRX) is on the verge of reentering the top 10 club after rallying by 70% in a week. TRX is up by almost 10% today, trading at USD 0.0387.

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