thedefiant.io
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Bitcoin touched $70,600 on Coinbase on Thursday evening, its lowest price on the exchange in at least 28 days, while other major tokens also declined.
The exchange's one-minute BTC-USD candles recorded the trough in the minute beginning at 7:36 p.m. ET on Nov. 12. Its daily candles, covering 8 p.m. ET Oct. 15 through 7:51 p.m. ET Nov. 12, showed no lower trade.
By 7:50:52 p.m. ET, CoinGecko quoted bitcoin at $71,006, down 4.1% over 24 hours. Its decline over roughly four weeks stood at 13.6%.
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The move extended Thursday morning's break below $72,000. Coinbase's new trough was 3.9% below the $73,477 low reached on Sunday, Nov. 8, and reported by The Defiant on Nov. 9.
Ether lost 17.7% over roughly 28 days, compared with bitcoin's 13.6%, according to The Defiant's calculations using matched CoinGecko timestamps. Over roughly seven days, ether fell 10.1% and bitcoin 6.6%.
The selling extended beyond the two largest cryptocurrencies. All five tokens in a CoinGecko comparison—bitcoin, ether, $BNB, $XRP and Solana—were lower over 24 hours in the 7:50:52 p.m. ET snapshot. $BNB fell 3.8%, Solana 2.7% and $XRP 2.3%.
