Home Technology Blockchain Bitcoin drops about 4%, slips below $30,000 amid crypto selloff The largest token fell as much as 4.5 per cent on Wednesday by Bloomberg April 19, 2023 Follow us Follow on Google News Follow on Facebook Follow on Instagram Follow on X Follow on LinkedIn Bitcoin dropped below the closely watched $30,000 level amid a wider retreat in crypto prices as concerns about inflation prompted a bout of caution in global markets. The largest token fell as much as 4.5 per cent before paring some of the slide to trade at about $29,270 as of 9:31am in London on Wednesday. Ether shed 5 per cent and smaller tokens like Solana and Avalanche fell around 8 per cent. Read: Bitcoin climbs past $30,000 for the first time since June 2022 Tags Bitcoin Blockchain cryptocurrency 0 Comments You might also like Don’t miss our tech panel event on April 23 in Dubai Standard Chartered, OKX roll out crypto collateral pilot in Dubai Abu Dhabi’s MGX makes $2bn crypto investment in Binance Bitcoin falters as optimism wanes on Trump’s crypto reserve plan