Bitcoin price LIVE: BTC suffers a sharp drop, losing $800 – is bitcoin crashing? | City …

DAILY HEADLINES

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

Traders enter the mid-week to see a significant price drop in the cryptocurrency market. 

Bitcoin plunged by 8.81 percent to trade for $6,436.50, as of 12.30pm today. 

Ethereum is down 12.80 percent to trade for $226.44.

Ripple dropped 5.94 percent to go for $0.287837.

Litecoin lost 11.66 percent to go for $55.38.

The entire market saw an overnight drop in price, with a sharp fall coinciding with the news that Goldman Sachs is dropping its plans for a cryptocurrency trading desk.

12.45pm UPDATE: Cryptocurrency ATMs set to multiply in Greece

Cryptocurrency ATMs are set to become more popular in Greece following plans by a local company to install more of the machines. 

Cryptocurrency ATMs continue to become more popular, with units being installed in different countries on a regular basis.

According to the Greek Reporter, a local…