February Gains Disappear as Bitcoin Drops Below $9k
Crossing below the $9,000 price level is a new low for February 2020. Bitcoin has not traded below the $9,000 threshold since January 27, when it began a march to new highs in the $10,500 range.
Bitcoin Prices
Based on the rise of daily active bitcoin addresses, the highest number since 2018, interest could continue now that the halving is complete.
Other U.S. exchanges, including Kraken, reported all systems as operational during the weekend price crash.
Traditional markets slide as coronavirus cases spike, and crypto follows because its correlation is still unbroken.
Casual investors are hearing about bitcoin more often while professionals are taking advantage of a growing derivatives market.
Bitcoin Stays Above $9,000 in US Trading
Mar 5, 2020
The price of bitcoin broke above $9,000 on a bullish run at 9:00 UTC (4:00 a.m. EST).
Bitcoin Prices
