Bitcoin crashes 15% as global regulators hesitate to greenlight crypto for commercial use ...News

Just days after reaching another record high, bitcoin, the world’s number one digital currency, saw a dramatic plunge of more than 15% – the biggest drop in more than seven weeks. The token fell by 9.72% to $56,074 as of 7am GMT, after having dropped by as much as 15.1% to $51,707.51 earlier. Other digital assets are also trading in the red. Ether, the second-largest cryptocurrency, fell more than 10% to $2,216. Ripple dropped to $1.35, losing about 20%. Also on rt.com Coinbase IPO ‘monumental’ for crypto industry but has fueled kind of frenzy that ‘never ends well’ – invest

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