Bitcoin fell a large $1,026 dollars from the highs reached last Thursday. Litecoin also dropped by a massive 56 percent during the three days of bitcoin decline last week. Both coins have now recovered about 40-50% of the losses.

Bitcoin Falls $1,026 Dollars From Highs

Bitcoin prices fell by a whooping $1,026 dollars from the highs to the lows reached on May 27th. Prices got very close to the potentially trend-ending level of $1,700 on Fxopen but narrowly missed it by bottoming out at $1,710 dollars. We are currently quoted around the 50 percent retracement mark at $2,230 dollars per coin. Read more: