In brief
#Bitcoin 🙀
— Dave Portnoy (@stoolpresidente) September 7, 2020
$123,620.00
3.59%$4,760.72
3.01%$3.34
3.42%$854.80
1.97%$207.63
4.71%$0.999708
-0.01%$4,739.38
2.73%$0.253792
7.40%$0.980131
15.23%$0.363607
2.65%$5,751.19
2.96%$24.03
-0.37%$48.12
7.73%$123,393.00
3.31%$5,111.40
2.84%$0.464898
4.35%$4.13
6.03%$5,100.85
2.96%$623.97
1.17%$0.275033
5.55%$4,760.81
2.98%$25.87
3.93%$1.00
-0.03%$132.83
1.52%$3.58
4.66%$9.27
0.74%$0.00001415
3.89%$0.999607
-0.02%$12.13
6.40%$123,576.00
3.47%$0.999872
0.22%$46.94
2.55%$4.35
4.42%$104.34
124.63%$4.84
8.78%$1.19
0.01%$0.166607
0.91%$0.00001259
2.48%$0.773969
-2.87%$334.56
4.18%$252.28
0.85%$399.06
1.83%$3.04
8.33%$1.11
8.15%$24.39
2.59%$5.11
6.18%$1.099
3.36%$6.07
6.15%$0.40451
3.20%$253.55
4.23%$4,757.11
3.23%$0.556135
15.47%$0.100787
4.20%$0.288948
6.35%$0.03826095
2.10%$1.00
0.00%$0.260332
4.44%$0.02692636
5.17%$4.91
3.83%$5,404.42
2.92%$0.999941
0.10%$0.00002801
4.27%$4.17
0.91%$220.40
4.41%$17.79
6.85%$1.13
6.52%$4,991.46
2.90%$0.359896
10.70%$10.09
8.87%$0.762854
4.99%$1.063
0.02%$4.57
-0.51%$5.49
2.09%$2.75
4.11%$5.94
4.68%$5,008.59
3.15%$0.083095
1.69%$5,148.93
3.04%$0.566464
3.03%$13.42
10.14%$0.02369998
3.63%$5,069.45
3.00%$116.45
1.10%$123,412.00
3.26%$1.77
-0.09%$16.24
9.24%$2.02
7.24%$0.854796
7.98%$0.999627
-0.02%$0.089731
1.25%$1.046
4.58%$0.806159
7.56%$5,016.65
2.95%$0.00401712
2.81%$1.37
0.68%$1.00
0.12%$0.02805688
-2.17%$1.50
-1.09%$48.20
7.68%$1.00
0.02%$0.998204
0.12%$3,362.61
0.69%$234.90
4.57%$123,436.00
3.42%$0.646985
8.64%$1.00
0.02%$1.36
10.25%$0.00012142
3.21%$1.15
4.90%$854.79
2.35%$0.999601
0.05%$0.102797
1.18%$0.332443
4.88%$4,759.90
2.92%$1.062
4.64%$3.96
13.03%$0.20321
1.36%$2.97
3.75%$0.386573
2.01%$123,515.00
3.45%$0.999236
0.07%$1.12
0.10%$29.74
0.98%$125,425.00
2.12%$273.28
4.37%$3,351.83
0.30%$0.891663
3.57%$5.60
1.25%$0.158831
6.07%$0.924915
3.82%$4,588.85
2.70%$0.576089
4.52%$1.39
2.38%$0.01878254
-0.50%$0.225116
6.10%$0.01907436
5.31%$4,760.12
2.95%$4,746.15
3.00%$5,059.16
3.21%$0.135706
4.15%$0.316179
4.23%$5,067.50
2.95%$2.26
0.63%$0.437794
-0.60%$123,161.00
3.15%$1.96
-0.30%$0.00000072
4.07%$112.17
0.01%$0.211985
3.70%$5,244.72
2.83%$0.998487
0.08%$1.076
-0.98%$0.421272
6.69%$4,760.74
3.00%$0.467292
8.16%$40.14
2.74%$0.253278
7.24%$0.999888
0.02%$0.064152
7.24%$5,145.26
2.81%$0.324912
4.63%$0.610806
-2.47%$0.00657106
2.79%$1.50
-0.34%$123,716.00
3.58%$30.23
3.50%$0.00818032
0.03%$0.0099039
2.62%$0.7476
11.30%$0.997523
-0.02%$0.149413
6.99%$122,142.00
4.33%$1.33
9.47%$0.00000144
4.82%$4,710.49
3.14%$8.42
6.69%$0.45448
13.02%$2.88
-3.36%$4,759.55
2.98%$0.663499
3.08%$1.51
2.30%$0.522883
3.68%$7.88
4.20%$1.62
17.10%$0.072562
-0.45%$0.462242
1.92%$0.828685
4.70%$54.44
2.92%$1.00
0.02%$0.06953
15.72%$0.00000117
-5.13%$0.999299
0.03%$0.01410813
1.55%$6.86
3.75%$16.92
3.90%$5,769.38
3.02%$0.02453435
6.53%$0.00000047
-0.31%$0.185699
7.65%$15.54
2.99%$0.00002258
3.17%$0.00867876
2.95%$2.67
4.83%$1.16
0.01%$0.04469293
3.35%$0.999252
0.35%$0.092214
4.14%$7.50
0.86%$228.47
4.51%$0.391275
-0.45%$0.999578
-0.02%$0.00487863
-0.34%$0.601422
3.14%$0.00555399
13.33%$1.095
-0.04%$0.999708
-0.01%$4,987.80
3.20%$1.001
-0.20%$31.43
3.58%$123,765.00
3.83%$48.23
8.38%$0.00000328
20.07%$5.05
-0.82%$25.76
3.39%$10.78
0.01%$0.03486537
0.59%$1.43
11.23%$0.282716
3.50%$0.148179
4.06%$147.39
4.63%$0.37479
3.08%$0.572226
4.43%$4,757.12
3.25%$5,355.04
3.03%$0.601277
1.75%$4.56
-1.44%$124,224.00
4.06%$22.65
-0.69%$0.259906
4.43%$0.113142
-9.49%$0.796057
1.11%$0.00361224
2.92%$235.93
4.77%$123,611.00
3.57%$0.00509085
3.21%$0.750037
1.32%$0.999568
0.01%$0.00006322
3.09%Reading
The price of Bitcoin has dipped below $10,000 for the third time in four days, after the cryptocurrency already broke the psychological figure twice within the last week. At the time of writing, Bitcoin’s current price is $9,940.
On September 5, 2020, Bitcoin fell to $9,958, before breaking the $10,000 barrier only to fall back down again two days later to $9,946. But despite the dip, Bitcoin is still at one of the highest points in its lifespan, having spent one of its longest periods of consecutive days above the $10,000 mark.
“Despite the price falls last week, we should remember that Bitcoin is in the 7th week of only its third ever extended period above $10k,” Philip Gradwell, chief economist at Chainalysis, told Decrypt.
Apart from the drop below the five-figure mark, the price is relatively stable, with only a 0.6% change to the cryptocurrency value over the last 24 hours. Other coins like Chainlink have been hit worse; it's down 3.5% today.
The $10,000 barrier has long been psychologically important for Bitcoin. Tyler Winklevoss, founder and CEO of Gemini, said that he was focused on the $10,000 barrier during Bitcoin’s first price drop of the week.
“Remember when a Bitcoin dip was well below 10k? Now Bitcoin dips are comfortably above 10k. New baseline. Bitcoin is consolidating before its next breakout,” Winklevoss said.
#Bitcoin 🙀
— Dave Portnoy (@stoolpresidente) September 7, 2020
He wasn’t the only one to tweet about Bitcoin recently. His new friend and Barstool Sports President, Dave Portnoy, also tweeted the word Bitcoin yesterday—along with a screaming cat emoji. Perhaps he’s glad he got out when he did.
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