The Bitcoin price (BTC/USD) has dropped to a two-week low following a sudden slump that hit the cryptocurrency market on Thursday.
The original cryptocurrency took some big hits yesterday, with its price dropping well below the $4,000 mark. The coin saw a big drop during the early hour of trading, which resulted in it falling to around $3,850, from an opening price of $4,034.41. Its price experienced another sharp decline in the afternoon and eventually hit an intraday low of $3,659.17. This was Bitcoin-rsquo;s lowest price level since December 28, according to data from digital currency tracker Coinmarketcap. BTC eventually closed the session at $3,678.92.