Bitcoin price drops below $34,000

June 21, 2021

Bitcoin price drops below $34,000

The first cryptocurrency fell below the $34,000 level on Monday, 21 June. The asset has fallen 8.1 per cent in the past 24 hours, according to CoinGecko.

At the time of writing, bitcoin is near $33,100. The price of the second most capitalised cryptocurrency reached $2030 (-8.1% overnight). BTC's dominance index is 43.5% and Ethereum's is -16.7%.

The futures market has seen $901m of positions liquidated in the last 24 hours, according to Bybt.

Earlier, Robert Kiyosaki, author of the bestseller "Rich Dad, Poor Dad" and entrepreneur, predicted "the biggest crash in world history" and predicted the price of the first cryptocurrency to fall to the $24,000 level.

Recall that Dan Morehead, head of cryptocurrency hedge fund Pantera Capital, said it was a great time to buy digital gold.

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About the author

Hi there, my name is Zalman Weinberg. I'm enthusiast with over 7 years of experience in cryptocurrencies and blockchain. Professional Trader providing Blockchain solutions to Startups and Enterprises. Expert in all cryptocurrency exchange APIs (BitMEX, Bittrex, Binance, Bitfinex, Kraken, Poloniex, Gdax etc.). I have also worked with multiple Forex broker APIs.

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