Market Wrap: Bitcoin, Ether Prices Slide for Fourth Consecutive Day

Market Wrap: Bitcoin, Ether Prices Slide for Fourth Consecutive Day

BTC prices continued to trade down but within a narrow trading range. Bitcoin (BTC) fell 2% on Tuesday, its fourth consecutive daily decline.The largest cryptocurrency by market capitalization has dropped 6% since crossing $25,000 briefly on Aug. 14.Ether’s (ETH) price also tumbled for a fourth consecutive day, dropping 1.2% over the past 24 hours. The second-largest cryptocurrency by market capitalization behind bitcoin is now down 8% from the psychologically important $2,000 level it last cracked on Aug. 15. Ether has flirted with $2,000 for much of the past week after dropping below $1,000 earlier this summer.

Originally Posted on: https://www.coindesk.com/markets/2022/08/17/market-wrap-bitcoin-prices-slide-for-fourth-consecutive-day/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
By: Glenn Williams, Helene Braun, Jimmy He

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