By Ian Haworth
The cryptocurrency market crashed Wednesday, with the market cap losing nearly $1 trillion.
Popular cryptocurrencies Bitcoin and Ethereum “posted their largest one-day drop since March last year,” according to Reuters, “with losses in the market capitalization for the entire cryptocurrency sector approaching $1 trillion.”
Despite being priced at over $58,000 earlier this month, Bitcoin plunged to just under $32,000 on Wednesday morning, with a 24-hour low of $30,201.96, according to Coindesk.
Click the link below to read the rest of this story.
Click here to get more news from the Bulldog
On the go, but don’t want to miss any Bulldog news? Go to the App Store and downloads apps for Bulldog Reports and The Bulldog Show to your Apple and Android mobile devices. It’s free!