Bitcoin Price Sees Second Dip Below $6K This Year as CME Futures Expire

in #bitcoin • 6 years ago

Bitcoin fell below $6,000 for the second time in a week Friday, June 29, the day CME Group’s Bitcoin futures end their last day of trading for the month.

Data from 20180629_203759.jpg price index and Coin360.io show Bitcoin continuing a trend of declines in the run-up to futures expiration dates.

At press time Friday, BTC/USD is trading around $5,850, down 4.4 percent on the day, while signalling monthly losses of over 20 percent.

Major altcoins had followed suit, Ethereum (ETH) down 5.6 percent to $412 and Ripple (XRP) 6.5 percent to just under $0.43 per coin.

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6 years ago in #bitcoin by
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