Source: istock/Photographer, Filmmaker, Designer
In a sudden move on Wednesday afternoon (UTC time), bitcoin price dropped by 5% in one hour, reaching the level last seen in May 2019, while almost all top 100 coins also turned red.
At pixel time (13:14 UTC), bitcoin trades at c. USD 7,612 and is down by 8% in the past 24 hours and by 5% in the past week.
BTC price chart:
Source: coinpaprika.com