Bitcoin price falls almost 500 dollars in the course of an hour

Bitcoin price falls almost 500 dollars in the course of an hour.

Image source: Shutterstock

Christian Ploog

christian.ploog@trijo.co

The bitcoin price recovered somewhat afterward and is currently trading at just below 7,000 dollars.

During Wednesday, the bitcoin price dropped almost 500 dollars in just one hour. At lunchtime, the price fell from about $7,380 to about $6,892, according to the crypto exchange Bitstamp.

At the time of writing, the price has recovered slightly and is currently traded at just below 7,000 dollars.

What caused the decline is currently unclear.

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