Bitcoin (BTC): Nearly $170 billion wiped off cryptocurrency market

Bitcoin, the largest cryptocurrency, fell over 11% from a day earlier to $35,828.06, at around 12:15 p.m. Singapore time.

  • Bitcoin and other digital coins tanked on Monday wiping off some $170 billion from the entire cryptocurrency market.
  • Bitcoin, the largest cryptocurrency, fell over 11% from a day earlier to $35,828.06, at around 12:15 p.m. Singapore time.
  • The sell-off in cryptocurrencies comes after a huge rally and perhaps signals some profit-taking from investors.

Source: Bitcoin (BTC): Nearly $170 billion wiped off cryptocurrency market