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Evening Standard

Business

Simon Hunt

Bitcoin crashes further as crypto market losses top £300 billion in a week

Bitcoin Crypto Alejandro Zelaya

The Bitcoin price has dropped 30% in the past 5 days.
(Picture: REUTERS)

The huge sell-off in the cryptocurrency markets sent the price of Bitcoin plummeting a further 10% overnight, taking it down to £16,653, while Ethereum dropped 16% to £846.

The crypto crash has now wiped off over £300 billion from the combined value of crypto assets in the past seven days alone, according to data from CoinMarketCap.

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