Bitcoin Price Fell Below $8,000

On July 31 the cryptocurrency market decreased. The price of Bitcoin broke down a psychological level of $8,000. Altcoins also demonstrated negative dynamics. 

At the moment, Bitcoin is trading at a price about $7,600, losing 3% in the past 24 hours. On July 25 the price of BTC was at its peak, $8,431, and then was trading at a level around $8,200. However, the price decreased sharply in recent days.

Ethereum experiences similar changes. It is trading at a level of $425.

Top 10 cryptocurrencies lost from 3% (XRP) to 11% (EOS, ADA).

The cryptocurrency market decreased by 30 billion dollars. The market capitalization is currently $274 billion.