According to market data from Gate, the BTC/USDT pair is currently quoted at $62,994.7, a 5.73% drop over the past 24 hours.
Compared to the price level near $66,800 approximately 24 hours ago, Bitcoin has dropped around $3,800 and broken below the $63,000 round-number support. With a circulating supply of roughly 19.7 million BTC, the market capitalization has fallen to about $1.24 trillion, shedding over ten billion dollars in value. The real-time data from major exchanges like Gate captures this sharp market movement.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.