At 00:55 UTC, just after Wednesday’s close, the cryptocurrency shed $400 over the course of 20 minutes, a move that found it crossing $6,400, for a time the market’s most reliable lower-bound support, for the first time since September 12.
At press time, bitcoin has lost momentum, having stalled briefly at around $6,125, the lowest figure since September 19, before crossing back above $6,200.