Author Topic: Bitcoin and Ethereum have just fallen off a cliff  (Read 106 times)

Offline perper350

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Bitcoin and Ethereum have just fallen off a cliff
« on: February 06, 2018, 07:52:14 am »
Bitcoin and Ethereum have dropped sharply this week, with their prices taking a massive hit in the past 24 hours.

At the time of writing, Bitcoin was just under the $6,000 mark, while Ethereum had sunk to below $600.

According to data from Yahoo Finance, the past day is where a lot of the damage was done, with Bitcoin and Ethereum both suffering drops of over 20%.

This comes after the cryptocurrencies reached all-time highs in December 2017.

The week’s losses for the cryptocurrencies are as follows (pricing from CoinDesk):

Bitcoin – High: $11,018, Low: $5,950
Ethereum – High: $1,180, Low: $587
Bitcoin 1-week pricing