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What Triggered Bitcoin's Sharp Price Plunge?
Bitcoin prices dropped significantly today, falling below $5,400 and reaching their lowest since late last year. The digital currency declined to as little as $5,390.12, losing more than 10% in the space of 24 hours and hitting a fresh 2018 low, CoinDesk price data reveals. This downward movement took place as the broader cryptocurrency market also suffered notable losses, declining from a total value of $210 billion earlier in the day to almost $180 billion by roughly 15:30 UTC (approximately 10:30 a.m. ET), according to CoinMarketCap. When explaining what caused the sharp decline in bitcoin prices, analysts ... (full story)
