At press time, the father of cryptocurrency is trading for just over $ 6,000. This is about $ 200 less than where it stood during yesterday’s afternoon hours. The coin is continuing to fall deeper and deeper into red territory, though this price is an improvement over where it stood during the early morning, when it fell below $ 6,000.
The currency is now just a few steps above its lowest point of the year, which it hit on June 18 with a price of just over $ 5,770. The cryptocurrency market cap has shed approximately $ 21 billion off its back in the last 24 hours, and it appears the crypto space is being targeted by massive sell-offs.