Bitcion briefly tumbles below $8,000, as crypto crater

in #steem • 7 years ago

Bitcoin and other cryptocurrencies came under intense selling pressure, as concerns over a tighter global regulatory atmosphere chopped billions from the crypto markets.

Bitcoin BTCUSD, +2.26% was most recently changing hands below the $9,000 level at $8,742, down nearly 13%, according to research and news site CoinDesk.com. Bitcoin’s spot price briefly fell below $8,000 to a low of about $7,700.

Elsewhere in the virtual-currency universe, Ether coins on the Ethereum blockchain sank 15% to $880, Ripple coins tumbled 13% to 85 cents, and Litecoin slid 11% to $128, according to CoinDesk.

#cryptocurrencies #bitcoin
7 years ago in #steem by
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