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International Business Times
International Business Times
Business
Marvie Basilan

Bitcoin Tumbles Further, Ether Falls Below $3K As BTC Hodlers Hold On

Bitcoin Michael Saylor Crypto Samson Mow Coinbase
Bitcoin hodlers seem unfazed by the digital asset's decline. (Credit: Marco Verch Professional/flickr.com)

KEY POINTS

  • Bitcoin closed at around $60,600 Wednesday after opening at over $63,000
  • Ether was nearing $3,000 when it opened, but slid down to $2,999
  • BTC hodlers seem to retain their stance even as volatility ahead of the halving kicks in

Bitcoin (BTC), the world's most popular cryptocurrency, has retreated further from its all-time high of $73,000 last month as the digital asset closed at around $60,000 Wednesday. Ether (ETH), the world's second-largest digital asset after Bitcoin, didn't escape the market rumble as it also dropped below $3,000.

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