Bitcoin price crash prompts crypto market collapse - follow live

Bitcoin has fallen below $30,000 for the first time this month, having failed to fall below $31,000 or break above $36,000 throughout July 2021.

The cryptocurrency started the week at the lower end of that range, spending the weekend bouncing between $31k-$32k, before crashing below $30k on Tuesday morning.

It has contributed to a broader downturn in the crypto market, with Ethereum (ether), Cardano (ada), Binance Coin and Ripple (XRP) all dropping significantly.