Dominant Bitcoin Slips on Monday, Drags Cryptocurrency Index Down $8.7 Billion

2019-5-6 13:09

By CCN. com: Dominant crypto asset bitcoin sent fresh shivers through the rest of the cryptocurrency market with its latest plunge. The bitcoin-to-dollar exchange rate dropped as much as 2. 66-percent on Monday to establish an intraday low towards $5,569.

71. The move brought bitcoin’s total downside correction from its weekly high to 4. 58-percent, wiping more than $3. 5 billion on the way. Other assets listed in the cryptocurrency index followed bitcoin’s sentiment. Ethereum, the second-largest crypto by market capitalization, lost a little over a billion dollar as its dollar-rate dropped 6. 76 percent. Bitcoin Cash, bitcoin’s forked version and the fourth-largest crypto, too plunged

The post Dominant Bitcoin Slips on Monday, Drags Cryptocurrency Index Down $8. 7 Billion appeared first on CCN

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Источник: ccn.com

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