Over the past 24 hours, the price of Bitcoin plummeted from around $6,350 to roughly $5,550, the lowest price that it has seen so far this year. Bitcoin’s total market cap dropped below the $100 billion benchmark, a low that hasn’t been reached since November of 2017.
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The cryptocurrency markets as a whole sank from $210 billion to as low as $180 billion on Wednesday. The total market cap hasn’t dipped that low since the end of October 2017. ... (read more)