Bitcoin price LIVE: BTC slumps despite wider UK investor adoption | City & Business | Fi…

MORNING HEADLINES

Good morning and welcome to our rolling coverage of all things cryptocurrency, including price, regulation, innovation and financial crime.

Another morning of flux for the cryptocurrency market, as prices slipped back into the red for the third day in a row.

BTC fell 4.22 percent on the day, trading at $7,602.44, down $160 in a 24 hour period.

The bears have moved in to drive prices down, with Ethereum losing 2.61 percent to trade at $425.75, while Litecoin fell 0.81 percent to trade for $78.06.

Ripple is one of the only major cryptocurrencies to see a small gain this morning, rising 3.19 percent to trade at $0.449440.

8.36am UPDATE: “Security is not seen as a priority among crypto startups”, says expert. 

The recent hack on ICO platform KickICO proves that startups dont consider security of their service when setting up, according to crypto expert and global solutions architect for Netskope, Paolo Passeri.

Speaking exclusively to Express.co.uk, Mr Passeri said: “Another…