Bitcoin crashes 15% to below $8,000 for first time since June

Brian Kelly, CEO of BKCM, told CNBC that $9,000 was a "major support" level — when bitcoin broke broke below that, a "wave of selling" was triggered.

Other "alt coins," or alternative cryptocurrencies to bitcoin, also tumbled. Ether and Litecoin fell as much as 20%.Bitcoin plunged to its lowest level since June on Tuesday. The world's most popular cryptocurrency fell as much as 15% to a low of $7,944.33, according to industry site CoinDesk. That marksAnalysts pointed to a number of reasons for the dip, including the cryptocurrency breaking a key resistance level. Brian Kelly, CEO of BKCM, told CNBC that $9,000 was a "major support" level — when bitcoin broke broke below that, a "wave of selling" was triggered.

Source: Digital Coin News (digitalcoinnews.net)

SquawkCNBC Hey you should be fast on this, everything is sold soon. Get some the whole world will using it

SquawkCNBC Putting some cream in my coffee yesterday SBUX, some guy had bitcoin news blaring out of his iPhone.

SquawkCNBC I’d wait till zero!

SquawkCNBC No, because it's fucking BITCOIN.

SquawkCNBC Decent entry point based on what? It was at $9500 24hrs ago, why wasn't that a decent entry point?

SquawkCNBC

SquawkCNBC Bitcoin is struggling to hold its bounce. XBT XBTUSDT

SquawkCNBC hella good entry point foo

SquawkCNBC bitcoin dropping to the 5000 us dollar.

SquawkCNBC Decent entry for shorting

Sell the farm

My Bitcoin address private key qr.. I don't need it any more... btc is going to 0.. a bubble you know 😾

Bitcoin is a joke, its non investable Besides using way too much electricity

BUY THE DIP!!! 🤘🤑🤘

Did it drop below $8,000? Or you're just fake news?

Below $8,000? You don’t even report facts.

That shit still trades?

Our mission at is to build the social media platform that ends fake news

When did it break 8k Check your glasses

Keep pumping this crap on unsuitable retail types. Your content on some topics should come with a warning label

Lmao

Not as much as your fake news viewerr have imo lol RUSSIA RUSSIA RUSSIA RUSSIA!!!! UKRAINE lol ouch imo

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