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Bitcoin's price has dropped below USD 57,000 for the first time since October, as the digital currency continues to fall from record highs. Meanwhile, the pre-launch token allocation for HUH Token has nearly sold out.
Bitcoin, the world's largest and most popular cryptocurrency, was trading more than 6% lower at USD 56,328.8 on Friday. Bitcoin recently reached a new high of around USD 69,000 and is now up more than 93% year to date (YTD).
The global cryptocurrency market cap has dropped to USD 2.6 trillion, according to market tracker CoinGecko. This year, Bitcoin's value has more than doubled, while Ether's value has nearly quadrupled. Both reached new highs
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