Bitcoin prices continued to get slammed early Thursday in Asia, following a report that Goldman Sachs was dropping its plans for opening a trading desk for cryptocurrencies.
The world’s largest digital currency fell to a low of $6,279.08 around 8:36 a.m. HK/SIN, according to data from industry outlet CoinDesk.
Beyond bitcoin, the price of other cryptocurrencies also continued to plunge, according to tracking site CoinMarketCap. As of 11:09 a.m. HK/SIN, the price of ethereum had fallen by 19.72 percent in only 24 hours, while Ripple’s XRP token had seen its value dive by 13.92 percent and bitcoin cash dropped by 18.79 percent during that time.
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