Altcoins Led Sell-off Intensifies as Bitcoin Erases All Monthly Gains

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Altcoins Led Sell-off Intensifies as Bitcoin Erases All Monthly Gains

The crypto market took another step lower for the second day in a row, with bitcoin (BTC) falling below USD 11,000 for the first time since the end of July.
At pixel time (15:12 UTC), BTC trades at USD 10,818 and is down by almost 5% in a day and a week. The price also dropped by 2% in a month, but it’s still up by 4% in a year.
BTC price chart:
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