Bitcoin Price Plunges 18% in 2-Hour Crash. Are Crypto Bulls Hurting?
The world's biggest cryptocurrency crashed on Wednesday's trading, correcting spiking gains.
by Joseph Young27/06/2019 3 min read
Bitcoin price closed Wednesday in the green to extend its winning streak in 2019, despite a major drop amid a Coinbase outage. | Source: Shutterstock
On June 26, the bitcoin price suddenly crashed from $13,868 to $11,350 across major crypto exchanges including Coinbase, recording an 18 percent drop against the U.S. dollar.