The price of bitcoin briefly turned positive on Wednesday after falling below the $30,000 for the second time this week.
Highlights
- Bitcoin drops below the $27,000 level.
- The price of bitcoin was last down 8.76% to $26,848.20 as of 1:47 a.m.
- ET Thursday.
- Ether fell more than 13% as a result of a recent sell-off in the cryptocurrency space.
- Cryptocurrencies remain highly correlated with the S&P 500 and, more recently, the Nasdaq Composite.