10/26/2017 - 10:58 UTC
Yesterday, the price of Bitcoin dropped below $5,400, reaching a period low of $5,365. Since then Bitcoin price has quickly rebounded to the $5,500 levels, with the rumors being it is probably due to the upcoming SegWit2x Fork.
At press time the Bitcoin price is sitting at $5,756 and has risen 3.30% in the last 24 hours, with a 24hour volume of $1,680,180,000 according to coinmarketcap.
BTC exchanged on the BTC/USD pair was over $465M worth, representing a 21.4% share of daily volume, second only to the JPY at 65.6%.
The Ethereum price at $295 has dropped 1.1% in the last 24 hours, with over $50 M worth of Ethereum exchanged in the past 24 hours on the ETH/USD pair, which has a 30% share of daily trading volume.
Disclaimer: This article should not be taken as, and is not intended to provide, investment advice on Bitcoin, Cryptocurrencies or finance in general.