$260 billion ‘cryptocalypse’ as cryptos plunge 30 per cent amid fresh China, South Korea fears


(Worthy News) – The cryptocurrency market has lost $US206 billion overnight in what traders are describing as a “cryptocalypse”, with bitcoin heading back towards its $US10,000 milestone first reached last November.

But it was smaller currencies including ripple, ethereum and bitcoin cash that were the hardest hit in the latest sell-off, which was sparked by fresh fears of a crackdown on virtual currencies by governments in South Korea and China.

At the time of writing, ripple was down nearly 50 per cent on the previous day, ethereum had lost nearly 34 per cent of its value, bitcoin cash was down nearly 37 per cent and bitcoin was down 27 per cent to just under $US10,200. [ Source: News (Read More…) ]

18
people are currently praying.

💡 Did you know? One of the best ways you can support Worthy News is by simply leaving a comment and sharing this article.

📢 Social media algorithms push content further when there’s more engagement — so every 👍 like, 💬 comment, and 🔄 share helps more people discover the truth. 🙌

Discuss this article in our forums

Follow us on X

Latest Worthy News

Russian Drone Strike Kills Father, Three Children In Ukraine As Civilian Toll Mounts
Cyclone Gezani Kills Dozens In Madagascar’s Port City Of Toamasina
Iran Warns Missile Capabilities Are “Non-Negotiable” Amid Rising Tensions With U.S.
Search Intensifies For Mother Of US TV Host As Sheriff Faces Scrutiny
Trump, Netanyahu Hold Lengthy White House Talks as Iran Negotiations Continue, U.S. Readies Carriers
Israel’s President Meets Survivors Of Anti-Jewish Massacre In Australia Amid Tension Over Gaza Strike
Hamas Disarmament to Begin in March as Trump’s Board of Peace Advances Gaza Plan
Reports From Inside Iran Describe Crackdowns, Growing Protest Movement
DHS Pleads For Money; Democrat Offers Alternative Funding Bill Excluding Ice
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Worthy Christian News