Bitcoin, Ether down over 3%
The price of major cryptocurrencies dropped on Thursday, with Bitcoin falling over 3%. Recent economic data reports pointed to continued uncertainty surrounding recovery and inflation, with the United States economy contracting more than previously estimated. German inflation slowed down slightly in June, while French prices rose more than anticipated.
Bitcoin dipped 3.41% at 3:34 am ET and sold for $19,405, recording a 38.81% fall in a month. Ether plunged 3.87% a minute later and went for $1,056.8, having shed 47.19% in a month.