Crypto Markets Lose $13B In Three Hours
PYMNTS
OCTOBER 11, 2018
In about three hours, $13 billon of value was wiped out of the crypto market as the values of major digital currencies plunged. Today’s drop happened as financial authorities are warning about a possible economic threat. Bitcoin dropped by roughly 5 percent and Ethereum and XRP dived by more than 10 percent at around 10:30 a.m.
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