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Bitcoin Drops $300, Daily Losses Among Altcoins Reach 10%

Falling below $9,000, Bitcoin (BTC) has seen another dip today and its price dropped over $200 in an hour.Alongside Bitcoin, the top 20 cryptocurrencies by market capitalization are seeing major losses of nearly 10% over the past 24 hours, according to data from Coin360.Market visualization. Source: Coin360Following a fresh price decline, Bitcoin is trading down 4.9% at $8,736. With its intraday high of $9,253, Bitcoin tumbled more than $500 earlier today and is down around 4% over the past seven days, with an intraweek high above $9,500.Bitcoin 24-hour price chart. Source: Coin360Among the top 20 cryptocurrencies by market cap, Unus Sed Leo (LEO) is the only coin seeing gains at press time. The altcoin is up 1% to trade at $0.99 at the time of this writing.On the other hand, Algorand (ALG...