Daily Market Updates: Bitcoin slips under $86,000 as traders rotate into BCH and ZEC

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Bitcoin slips under $86,000 as traders rotate into BCH and ZEC

CoinDesk reports bitcoin briefly matched Monday’s peak near $87,300 before selling intensified, while BCH jumped 28% and ZEC rose 9% after separate catalysts.

Reported · Written up by our desk · Market Structure

Bitcoin slipped below $86,000 during Monday trading, after briefly matching the prior session high near $87,300, according to CoinDesk.

CoinDesk reports selling pressure picked up as the move unfolded, even as some traders rotated into other coins.

In the same window, BCH rallied 28% after a CME futures listing, and ZEC gained 9%.

Latest closeBitcoin $85,554.46 ▼0.7%

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CoinDeskLive updates: Bitcoin slips under $86,000 as money rotates into BCH and ZEC

Crypto

Bitcoin slips under $86,000 as traders rotate into BCH and ZEC

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