BTC price drops down to $11,100

On Monday, September 7, the price of bitcoin falls. At 09:25 UTC, the first cryptocurrency is trading at $10,125.21 (-0.06%), according to CoinMarketCap.

BTC/USD chart of Bitstamp from TradingView Ethereum has risen in price to $343.37 (+ 5.15%).

XRP rose 1.61% to $0.236.

The FxPro team of analysts notes: “Bitcoin is balancing at the lower boundary of $ 10,000, and a failed attempt to confidently break through it launched two processes at once. On the one hand, investors left the market with the least faith in the prospects of the first cryptocurrency. On the other hand, the fall under $10,000 activated investors who were eager to open positions at a large discount. Although the price of bitcoin has been steadily declining, trading volumes, on the contrary, are showing significant growth. So, on September 6, at the moment bitcoin broke through the most important technical and psychological level of $10,000, the trading volume reached $ 50 billion. For comparison, during the flat period of about $11,500, the trading volume remained at 20 billion”.

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