Scattered Gains Bring Respite after Midweek Crash, Alts Continue to See Losses

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Friday, September 7: after the midweek bloodbath, crypto markets have slightly stabilized today, although many coins continue to shed value, as Coin360 data shows. Bitcoin (BTC) is trading at around $6,430 at press time, down just under one percent on the day, according to Cointelegraph’s Bitcoin Price Index. Despite a bullish start to September, Bitcoin’s price decline set in this Wednesday, September 5. Since then, the leading cryptocurrency has spiraled downwards from a high of $7,391 to over $1,000 less at its intraday low today at $6,354. More!