Bitcoin drops another $1k, high risk for investors or not.

Bitcoin as per Sept, 24 was about $9.5 has dropped $1k, dropping to $8,427.53 which is a 13.23% drop in its price. Bitcoin has dropped $1k first time since June. Here the chart of its price:

More than $30 billion has been drawn out of the market from the investor as for a quick sell-off. While Bakkt is confident that their slow start doesn't mean a flopped futures.

Stay tuned for further updates on bitcoin.

Image credit to Pexels and Coindesk

Disclosure: The author holds no cryptocurrency at the time of writing.