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Fortune
Fortune
Ben Weiss

Crypto sell-off intensifies, with XRP, Litecoin, and Bitcoin Cash among the hardest hit

A grenade with a Bitcoin symbol painted on. (Credit: Photo illustration by Josue Evilla – Fortune; original photos by Getty Images)

The world’s largest cryptocurrency by market capitalization came back into rare, volatile form on Thursday evening, dropping off a cliff—and pulling the rest of the crypto market with it.

In the past day, Bitcoin is down almost 8%, nosediving from just above $29,000 to a low of approximately $25,400. At the time of publication, the cryptocurrency has partially rebounded, trading above $26,000.

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