Bitcoin Price Today 6 Jan 2023: BTC Drops By 0.20% As Silvergate Shares Plunge
Bitcoin Price Today 6 Jan 2023: The price of Bitcoin falls down after the news of Silvergate laying off employees breaks out. It is down by 0.20% in the last 24 hours.
Bitcoin was trading for 16,878.68 USD at 9:25 pm IST. However, as of writing each BTC token is costing 16,807.73 USD. Trading volume decreases by 14.27% over the last day. The market cap for the crypto is currently at 323.753 billion USD.
Bitcoin has already been going through a tough phase following the crash of FTX and the FED’s rate hike. As per IMF, one-third of the global economy will be in recession this year making the market conditions extremely tough.
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