
Bitcoin Retreats Below $440 as Price Support Weakens
Bitcoin prices dropped below $450 late yesterday and then continued to fall below $440 as of press time, breaking two key psychological levels in the span of hours. Bitcoin dipped below $450 at 21:00 UTC on 27th April, reaching $449.89, CoinDesk Bitcoin Price Index (BPI) figures show. The digital currency quickly mounted a recovery, passing $450 at 22:00 UTC and rising to $450.80. But, bitcoin failed to stay above $450 for long, falling to $449.89 at 22:30 UTC and dropping past $440 to reach $435.28 at 1:30 UTC. At the time of report, the digital currency was trading at $442.71. Still, the....
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