Bitcoin price CRASH sees ‘cryptocurrency billionaires’ suffer HUGE hit in financial value | Express

Many of them enjoyed a 14,409 average per cent rise to the coins in their wallets in 2017.

The news has come as last week saw a mass sell-off of cryptocurrencies, leading prices to drop to their lowest levels for several months.

The news has come as last week saw a mass sell-off of cryptocurrencies, leading prices to drop to their lowest levels for several months.

Bitcoin has more than halved in value since its December peak.

The digital currency has had a torrid start to 2018 after it saw its price plunge from an all time high of nearly $20,000 in December 2017 to a low of less than $6,000 on February 6.

However, the cryptocurrency began to show signs of a steady recovery over the last few days with its price climbing to more than $9,000 on Saturday morning, representing a 5 per cent rise in value over 24 hours.

However, any signs of a Bitcoin recovery were quickly quashed as the digital money then saw its price once again drop.

Read complete article here:

Bitcoin price CRASH sees ‘cryptocurrency billionaires’ suffer HUGE hit in financial value | City & Business | Finance | Express.co.uk.

Post a Comment

WP-SpamFree by Pole Position Marketing