Bitcoin Jumps Back Up to $34,000 USD After Major Dip
Tuesday saw the coin drop to below $30,000 USD.
Bitcoin jumped back to $34,000 USD on Tuesday night after dipping below $30,000 USD earlier in the day.
By Wednesday, the coin hit a high of $34,734 USD in the morning hours before inching down toward $33,000 USD later in the day, according to Coindesk.
Over the last 24 hours, the coin has seen a 2.65 percent increase — a promising sign after it experienced wild fluctuation over the past few days. Bitcoin hit a high of $39,352 USD on Thursday, June 17, before steadily declining to a low of $29,458 USD on Tuesday night.
Still, the coin has lost about half of its value since it reached an all-time high in April of just over $63,000 USD.
Other popular cryptocurrencies, including dogecoin and ethereum, also experiences price swings in recent days.
