Crypto’s Crash Just Surpassed Dot-Com Levels as Losses Reach 80% – Bloomberg

The Great Crypto Crash of 2018 looks more and more like one for the record books.

Wednesday’s losses were led by Ether, the second-largest virtual currency. It fell 5.2 percent to $172.41 at 6:21 a.m. in New York, extending this month’s retreat to 39 percent. Bitcoin was little changed, while the MVIS CryptoCompare Digital Assets index fell 2.9 percent. The value of all virtual currencies tracked by CoinMarketCap.com sank to $187 billion, a 10-month low.

Source: Crypto’s Crash Just Surpassed Dot-Com Levels as Losses Reach 80% – Bloomberg

Leave a Reply