Bitcoin tanks as cryptocurrencies join in global market bloodbath
(Source: businessinsider.com)

clicks | 2 months ago | Google AI sentiment 0.40 | comments: discuss | tags: cryptocurrency bitcoin ethereum


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(Original link: businessinsider.com)

36m Markets Insider Cryptocurrencies across the board are nursing big losses on Thursday as the global market sell-off hitting traditional assets spreads. All major crypto assets are down on Thursday, with the likes of ethereum and bitcoin cash losing more than 10% of their value. Bitcoin plunged more than 7% overnight, but has now recovered a little, and is trading down roughly 5%. Cryptocurrencies across the board are nursing big losses on Thursday as the global market sell-off hitting traditional assets spreads. Bitcoin, the benchmark cryptocurrency, dropped suddenly and sharply in Asian trading overnight, losing as much as 7%, before rebounding a little. It is now holding at a loss of around 5% on the day, trading at $6,266 per coin. While bitcoin has led the way lower on Thursday, other major cryptocurrencies including Ether, Ripple, and bitcoin cash have witnessed even larger falls. Here's the scoreboard:...

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