REUTERS/Brendan McDermid
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Stock markets officially entered a correction this week, but bitcoin is doing even worse. It’s down nearly 28% since US markets began their slide in late January — even including a rebound during most of this week.
Here are the current prices:
- Bitcoin (BTC): $8,490 (+3.0%)
- Ethereum (ETH): $859 (+5.6%)
- Ripple (XRP): $0.91 (+17.1%)
- Bitcoin Cash (BCC): $1,295 (+1.21%)
- Litecoin (LTC): $155 (+4.1%)
What else is happening:
- The 22-year-old founder of a cryptocurrency worth $5 billion tells us what it’s like to run a crypto company as the market goes wild
- A Wikipedia rival just landed $30 million from crypto investor Mike Novogratz
- Binance, one of the world’s largest crypto exchanges, suspended trading for a full day — but says it wasn’t hacked
- Crypto mania is proving to be fertile ground for filmmakers and screenwriters, the Los Angeles Times reports
- Bitcoin may not be worth all the hoopla, the New York Federal Reserve said in a blog post
- Finally, a group of Russian nuclear scientists were arrested for ‘bitcoin mining plot,’ BBC reports
- A Business Insider reporter started to mine cryptocurrency and has already made a profit in 2 weeks — it’s easier than you think
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