Bitcoin (BTC) has entered its first sharp correction of 2021 after a solid price rally last week! The latest correction comes as the overall crypto-market seems to be in a bloodbath with valuations slipping below $1 trillion. At press time, Bitcoin (BTC) is down 12.96% trading at $34,086 with a market cap of $636 billion.
Finally, after an unprecedented rally during the first complete week of 2021, the BTC price has entered correction tanking more than 10% and slipping below $36,000 levels. At press time, Bitcoin (BTC) is down 11.58% trading at $35,734. The recent Bitcoin (BTC) price correction comes after two days of price consolidation around $40,500 levels and