Bitcoin update: Falling fast towards $3,900 on broad crypto sell-off

Updated: 21 Mar. 2019 | 16:03

The price of Bitcoin is falling fast, hitting a daily low of $3,915. The slide comes amid a broader sell-off of digital coins. Ethereum (ETH/USD) leads the sell-off.

Support is seen at $3,908 which was a stepping stone on the way up last week. It is followed by $3,880 which provided support.

Beforehand, BTC/USD had attempted to recapture the round $4,000 level. While it surpassed this price, the break was not confirmed.

Update: Bitcoin recovers after the initial fall. It may have been a move to clear out stop-loss points.

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