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Bitcoin price: Here’s why Bitcoin is PLUMMETING today | Express.co.uk

Bitcoin is having a bad year as it plummeted to a two month low of $7,8989.07 on Friday, according to CoinDesk.com.

The cryptocurrency fell 11.75 percent to $7,989.07 at 12:09 in London.

The global cryptocurrency market has had over $100 billion was wiped off the global cryptocurrency market in 24 hours on Friday.

The total market capitalisation or value of all cryptocurrencies stood at $371,739,763,803 at 12:10 in London, according to Coinmarketcap.com.

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Bitcoin price: Here’s why Bitcoin is PLUMMETING today | City & Business | Finance | Express.co.uk.