Bitcoin's price briefly matched Monday's high near $87,300 before sellers took control, pushing the asset below $86,000. This price drop coincides with a surge in other cryptocurrencies.
Source
"Bitcoin Slips Below $86,000 Amid Rotation into BCH and ZEC" — CoinDesk
This article is Bitcoincryptos' summary and analysis of reporting originally published by CoinDesk. Read the full original report at the link above.
Bitcoin Cash saw a 28% price increase after being listed on CME futures, while Zcash rose 9%. These gains indicate a shift in investor interest towards alternative cryptocurrencies.
BTC · 7D · $82,859+1.6%