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Bitcoin price (BTC/USD) plunges below $12,000 amid market-wide correction

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The Bitcoin price (BTC/USD) has seen a steep correction after breaking above the $13,000 mark in Wednesday trading.

The original cryptocurrency spent the better part of yesterday’s session moving on an upward trajectory, which allowed the coin to rise above the $13,000 mark for the first time since June 27. The coin rose to as high as $13,129.53 in the early afternoon and at that point a rally to challenge BTC’s 2019 high of $13,796.49 seemed likely. However, Bitcoin experienced a sharp decline in the latter stage of the session, with its price dropping to as low as ...

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