Bitcoin Slumps into Low Below $6K
Bitcoin Slumps to 12-Week Low Below $6K
In the top 5, ethereum’s ether token is down 29 per cent, Ripple’s XRP is down 24 per cent, bitcoin money has dropped 28 per cent and cardano is down 24.
Bitcoin prices plunged to a 12-week low under $6,000 that morning, coverage double-digit percentage losses amid a continued crypto marketplace sell-off.
Released at Tue, 06 Feb 2018 08:30:17 +0000
The remaining top 10 monies by market cap are down at least 20% each. NEO will be the largest loser in the top 10 and has depreciated based on information source CoinMarketCap.
As of now, the world’s largest cryptocurrency by market capitalization is changing hands at $6,156, down approximately 22 percent on a 24-hour basis.
Disclaimer: This report should not be chosen as, and is not intended to supply, investment information. Before investing in any cryptocurrency, please conduct your own investigation.
The chief in blockchain news, CoinDesk is an independent media outlet which strives for the greatest journalistic standards and abides by a strict series of qualitative policies. Interested in offering your expertise or advice ? Speak to us in firstname.lastname@example.org.
Chart on telephone picture via Shutterstock
The sell-off was significant, according to the $1,000 drop found between 00:45 to 05:00 UTC. Further, during the same time interval, the market capitalization of bitcoin dropped over $11 billion to $106 billion.