Bitcoin Price Drops $300 in Minutes, Falling Below $11,000

[MRM]

Bitcoin is now hovering around $10,800—a price point not seen since late July.
Bitcoin (BTC) has just collapsed below $11,000 for the first time in more than a month and is currently hovering around the $10,800 price point.
Today marks the second day of back-to-back losses for the cryptocurrency, which was sent tumbling from over $12,000 to just over $11,000 yesterday, before dipping further to as low as $10,796 just minutes ago.

Bitcoin is now in the red across all short-term time scales and is -5.6% in the last 24 hours, -7.9% in the last week, and -3.7% in the last month. Nonetheless, the cryptocurrency is still up more than 50% since the start of the year.
Source: https://decrypt.co/40732/bitcoin-price-drops-300-in-minutes-falling-below-11000