Bitcoin Drops Nearly 5%, Approaches 2018 Lows Amidst Market Sell-Off

After being unable to stabilize above the important psychological price level of $4,000, Bitcoin has continued to sell-off and is now approaching its 2018 lows. Bitcoin’s latest leg down has led to a widespread market drop that has seen many altcoins drop 3% or more over a 24-hour trading period.
At the time of writing, Bitcoin is trading down 4.65% in 24 hours at its current price of $3,786. Today’s drop was not unexpected, considering that it was unable to stabilize above $4,0