RATE Group | Crypto markets tumble alongside stocks, oil; gold gains – Bitcoin USD (Cryptocurrency:BT…
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Crypto markets tumble alongside stocks, oil; gold gains – Bitcoin USD (Cryptocurrency:BT…

09 Mar Crypto markets tumble alongside stocks, oil; gold gains – Bitcoin USD (Cryptocurrency:BT…

Posted at 00:27h in Cryptocurrency News by

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Bitcoin (BTC-USD) and company are proving no place to hide in this evening’s big risk-asset selloff.

With S&P 500 futures down 4% alongside a 20%+ plunge in the price of oil, Bitcoin is lower by 8%.

Ether (ETH-USD), Litecoin (LTC-UD), Bitcoin Cash (BCH-USD), and Ripple (XRP-USD) are faring even worse.

The original safe-haven, gold (NYSEARCA:GLD) is up 1.3% and flirting with crossing above $1,700 per ounce.

Previously: U.S. stock index futures down more than 3% as oil plunges (March 8)

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