The price of Bitcoin was quite dramatic a few hours ago.
According to Coinmarketcap data, the cryptocurrency market has had a very active night. According to current data, the price of Bitcoin has gained several hundred dollars in a very short period of time in the morning.
The cryptocurrency market has performed quite interestingly over the past few hours.
The price of Bitcoin started trading around 3:00 a.m. and drew a chart that would surprise everyone. According to Coinmarketcap data, the price of Bitcoin rose from $10,130 at 3:05 a.m. to $10,510 at 3:45 a.m.
Last night, not only the price of Bitcoin but also the exchange rate was very active. The yuan began to depreciate considerably against the US dollar last night.
NewsBTC reports that there may be a connection between the increase in the price of Bitcoin and the devaluation in China.