Bitcoin Drops Below $9K, Top Altcoins Down 16% On Global Regulatory News News Bitcoin (BTC)’s price dropped below $9,000, dropping to $8,539 on Friday, March 9, according to data from CoinMarketCap. At press time, Bitcoin is trading at an average of $8,809, down 9 percent on the day.After hitting a weekly high of $11,675 on March 5, Bitcoin started dropping, losing almost 27 percent to today’s lows. To compare with yesterday’s downturn of 4-6 percent losses across top cryptocurrencies, today losses among top-10 altcoins on CoinMarketCap reached up to 16 percent.Total market capitalization for all cryptocurrencies hit a monthly low of $344 bln today, currently at $358 bln.Among the top ten altcoins in the red, NEO has lost about 34 percent of its value in one week. Worth around $130
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