Bitcoin price news: What is value of bitcoin today? Why is BTC falling?

BITCOIN is in the red today after reaching highs of more than $11,700 on Tuesday. A recent-sell off wiped $1,000 off its value but what is the value of Bitcoin today?Bitcoin-price-news-922399.jpg

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Bitcoin has fallen to $10,029.50 as of 2pm on Thursday, February 22 after it peaked at $11,334 on Wednesday.

BTC recorded an 8.98 percent drop in price in the last 24 hours, as other cryptocurrencies also moved into the red, according to data from CoinMarketCap.

The market cap has dropped just short of $180 billion at $169,299,083,304, as the cryptocurrency fails to make up the ground it lost following a mass bitcoin sell-off.

However, the cryptocurrency is still up at least 85 percent following the lows experienced on February 6.

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