Bitcoin • September 24, 2019, 3:24PM EDT

Bitcoin drops below $9,000

Read the non-AMP story on Theblock.co
The Block

Over the past several hours, bitcoin prices fell from $9,750 to as low as $8,590— a downswing of over 10%. According to data from Rekto, over the past 24 hours, derivatives exchange BitMEX saw over $380 million worth of XBT Perpetual Swap contracts liquidated. The low represents a new bottom over the past three months.