Market Wrap: China Breaks Crypto as Bitcoin Falls to $36K, ETH Drops $300 in Two Hours

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3 years ago

It has been a low-volume Friday to cap an up-and-down week for cryptocurrencies. News out of China had traders hitting the sell button during a two-hour dump before the selling leveled off.

  • Bitcoin (BTC) trading around $36,224 as of 21:00 UTC (4 p.m. ET). Losing 9.7% over the previous 24 hours.

  • Bitcoin’s 24-hour range: $36,224-$42,163 (CoinDesk 20)

  • Ether (ETH) trading around $2,363 as of 21:00 UTC (4 p.m. ET). In the red 15.5% over the previous 24 hours.

  • Ether’s 24-hour range: $2,363-$2,929 (CoinDesk 20)

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