RATE Group | Bitcoin price crash: Cryptocurrency loses 10 per cent of its value in sudden sell-off
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Bitcoin price crash: Cryptocurrency loses 10 per cent of its value in sudden sell-off

15 Nov Bitcoin price crash: Cryptocurrency loses 10 per cent of its value in sudden sell-off

Posted at 10:49h in Cryptocurrency News by

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The price of bitcoin has plummeted to its lowest value in more than a year, as the cryptocurrency market took an abrupt downturn following the most sustained period of stability in its history.

More than 10 per cent of bitcoin’s value was wiped away in the space of just a few hours, with other major cryptocurrencies like ethereum and bitcoin cash experiencing similar losses.

Cryptocurrency analysts have been quick to point to certain forces that may be driving the current…

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