HomeNFT NewsCrypto Market Crash: Bitcoin Drops Below $58,000, Ethereum Retests $2.4K Mark!

Crypto Market Crash: Bitcoin Drops Below $58,000, Ethereum Retests $2.4K Mark!

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Author: Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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The cryptocurrency market has entered September on a bearish note by losing 1.86% within the past day, from $2.05 Trillion to $2.02 Trillion. Despite recording a 100% increase in its trading volume to $27.82 Billion, Bitcoin price has plunged below $58K with a correction of 1.81%. Moreover, it has recorded a 24-hour High/Low of $58,762.49 and $57,136.03 and is currently valued at $57,633.95. Following this, the ETH coin price broke its crucial support of $2.5K and recorded a low of $2,401.89.





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