Bitcoin Price Dips Back Under $8K as Top Cryptos See Moderate Losses

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Saturday, June 8 — most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as bitcoin (BTC) falls under the $7,900 mark.

Market visualization courtesy of Coin360

Bitcoin is down nearly 3% on the day, trading around $7,870 at press time, according to CoinMarketCap. Looking at its weekly chart, the coin is down over 8%.

Bitcoin 7-day price chart. Source: CoinMarketCap

As Cointelegraph reported yesterday, cryptocurrency investment products and research firm CoinShares estimates that 74.1% of bitcoin mining is powered by renewable…

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