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Cryptocurrencies: Bitcoin and Ether fall

01/07/2022
Categories: Economy/Forex

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Bitcoin falls below $19,000, further shaking the crypto-currency markets. Ether, meanwhile, plummeted to $1,016.08.

Several major players in the crypto-currency markets have struggled, and further declines could force other crypto-currency investors to sell holdings to meet margin calls and cover losses.

Bitcoin fell 6.1 percent to $18,866.77 by 2004 GMT on Thursday, putting the largest and best-known cryptocurrency down $1,226.41 from its previous close and 60.9 percent from its year's high of $48,234 on March 28. Ether, the coin linked to the blockchain network ethereum, fell 7.5 percent to $1,016.08 on Thursday, losing $82.38 from its previous close.

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