Bitcoin News: Markets Update: Bears Claw Cryptocurrency Prices Down to New Lows

Written by:
Guest
Published on:
Feb/01/2018

For those thinking that February might provide a cure for those seeking relief from dropping cryptocurrency prices, they were in for a rude awakening to usher in the month as cryptocurrency prices hit new lows Thursday and were still falling as this went to press near 10 pm EST.

Cryptocurrencies were down 3 to 20 percent across the board with Bitcoin seeing its lowest price in months at just over $8500 by midday Thursday.

From Bitcoin News:

 

Bitcoin was down 14% over the past 24 hours while Bitcoin Cash fared slightly better, dropping 7%.  Ethereum and Litecoin were hit especially hard, witnessing a 15% to 17% 24 hour drop.

- Gilbert Horowitz, Gambling911.com

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