Bitcoin has had a rough showing since the weekend, falling below $60,000 yesterday and now threatening a drop under $50,000 today. It’s the first time since February that the cryptocurrency is testing waters below the key level. And the heavy selling comes as traders are in a full-fledged flight to safety mode across markets.
Looking elsewhere, Ether is also down a whopping 16% today to $2,239 currently – also its lowest since February.
This article was written by Justin Low at www.forexlive.com.
