Bitcoin entered Wednesday’s trade in the red as the price of the world’s largest cryptocurrency dropped to $88,159.55 around 00:55 UTC, marking a decline of $573.73 from its previous day’s close of $88,733.28 on Tuesday.
Notably, this remained the lowest point for Bitcoin until 5:40 UTC, as it did not fall below this level and stayed slightly above it during that time.
However, this does not indicate any significant gains or recovery for Bitcoin. The highest point BTC reached was at around 3:19 UTC, when it was recorded at $89,344.17, reflecting an increase of $610.89.
After 1:55 UTC, Bitcoin mostly stayed in the green, trading above its previous close with some minor fluctuations.
Bitcoin price in USD: As of 5:45 UTC, Bitcoin was priced at $88,792.
Bitcoin price in PKR: In Pakistani currency, the current price of Bitcoin stands at Rs24,734,151 (PKR 24.7 million).
Looking at other cryptocurrencies, Ether was trading in the red, down 0.46 percent at $2,484.65. Litecoin was up by 3.40 percent, reaching $118.49. Dogecoin was down by 0.43 percent, trading around $0.2107, while Binance Coin saw a slight rise of 0.076 percent, trading at $623.84.
