Bitcoin loses $48K on Wall Street open as trader warns altcoins look ‘rekt’ against BTC By Cointelegraph

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(BTC) declined as Wall Street trading opened on Dec. 13 as stocks came off Dec. 10’s record close.

1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD diving below $48,000 to reach multi-day lows at the time of writing.

BTC/USD annotated chart. Source: Scott Melker/Twitter
1-hour candle chart (Bitstamp). Source: TradingView