Bitcoin Price Drops 6% Still a Long Way From Confirming Bullish Reversal

Bitcoin (BTC) Bounces at $19,000 support, while bond yields spike. 

Bitcoin Price Drops 6% Still a Long Way From Confirming Bullish Reversal

The world's top cryptocurrency by market cap Bitcoin has hit the $18,000 level and is still decreasing the crypto has dipped by 6% in the last day. 

Bitcoin continued to decrease and reached a low of $18,510 on Sept 7 the low was made below the $19,000 support line. 

The live Bitcoin price today is $19,309.71 with a 24-hour trading volume of $34,262,010,841. We update our BTC to USD price in real-time. Bitcoin is up 2.89% in the last 24 hours. The current CoinMarketCap ranking is #1, with a live market cap of $369,677,795,756 USD. It has a circulating supply of 19,144,656 BTC coins and a max. supply of 21,000,000 BTC coins.

The global crypto market cap is $981.59B, a 4.66% increase over the last day. The total crypto market volume over the last 24 hours is $74.13B, which makes a 9.88% decrease. The total volume in DeFi is currently $7.13B, 9.62% of the total crypto market 24-hour volume. The volume of all stablecoins is now $68.52B, which is 92.43% of the total crypto market 24-hour volume.

Bitcoin’s dominance is currently 37.74%, a decrease of 0.49% over the day. The total crypto market volume over the last 24 hours is $74.13B, which makes a 9.88% decrease. The total volume in DeFi is currently $7.13B, 9.62% of the total crypto market 24-hour volume. The volume of all stablecoins is now $68.52B, which is 92.43% of the total crypto market 24-hour volume.

There is a question of whether Bitcoin can recover to $20,000, it would have to break across the $19,500 mark which may be difficult it is possible if demand for the coin soars. 

During, anticipation continues to increase from the inflation report scheduled for publication on September 13th and the Ethereum main net merge stated for the same day. 

Related: Binance US launches low-barrier Ethereum staking ahead of The Merge