Breaking News: Bitcoin drops below $6940

The coin broke through the support level of $7400 and fell below $7000 on November 22. The Bitcoin price on Binance was $6,940. According to our records, the BTC rate is $7081.4 now.

Cryptocurrency trading volume increased by 50%. BitMEX liquidated open positions by $135 million. Stop-loss triggered, which helped limit losses. Closing orders came amidst a sharp drop in the bitcoin rate. The coin showed -10.83% during the day.

Cryptocurrency capitalization dropped by $23 billion. BTC dominance is still 66%, which means that the altcoins time has not yet come.

To learn more about the reasons for the Bitcoin rate fall, read our news about Bloody Thursday. We will keep you posted.

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