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 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 Bitcoin surges above $42,000 for first time since April 2022 Sam Bankman-Fried convicted of multi-billion dollar FTX fraud GB Tech Web3 Awards 2023: Winners of the second edition announced in glittering ceremony Why digital infrastructure is a cornerstone for the burgeoning growth markets