Bitcoin and every other cryptocurrency is plunging amid fear and worry over its future.
Thursday 1 February 2018 17:11 GMT
Bitcoin has fallen nearly 10 per cent over the day, from an already low point over the last week. It’s now fallen to nearly $9,000, a long way from the nearly $20,000 landmark it almost hit in December.
And every other major cryptocurrency – including Ripple XRP, Ethereum and Bitcoin Cash – is also falling. Many of them are seeing more dramatic swings even than bitcoin: Ripple has dropped nearly 14 per cent over the day, after being hit by its own slides over the last week.
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