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Bitcoin Price Drops Over $500 in 5 Minutes, Top Altcoins Also See Red

From cointelegraph.com

Most of the top 20 cryptocurrencies are reporting severe losses on the day by press time as well as Bitcoin (BTC) which now hovers just under the $8,600 mark falling from today’s high of nearly $9,200, making it a 7.32% loss. Bitcoin price is currently down by 3.08% on the day, trading at around $8,636 at press time, according to Coin360. Looking at its weekly chart, the coin is still up by about 6.42%. Bitcoin’s price movement has seen the price decrease by $514 in around 5 minutes. Ether (ETH) is holding onto its position as the largest altcoin by market cap, which currently stands at $18 billion. The ... (full story)

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