CryptoBank.Ltd - Bitcoin Sinks Below $6,000 as Almost Everything Crypto Tumbles

" Bitcoin dropped below $6,000 and dozens of smaller digital tokens tumbled as this month’s selloff in cryptocurrencies showed few signs of letting up.

The largest digital currency fell as much as 6.2 percent to $5,887 as of 10:44 a.m. in Hong Kong, the lowest level since June, according to Bloomberg composite pricing. Ether sank 12 percent, while all but one of the 100 biggest cryptocurrencies tracked by Coinmarketcap.com recorded declines over the past 24 hours. The total market capitalization of cryptocurrencies dropped to $190 billion, from a peak of around $835 billion in January. " - Eric Lam - Read Full Article

Source: Bloomberg

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