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Bitcoin Is Tumbling Yet Again. Most Other Cryptocurrencies are Following — But Not All

December 7, 2018

Via: Fortune

If there’s a floor to Bitcoin’s terrible 2018 trajectory, it may not have hit it yet. The leading cryptocurrency lost 12% of its value in the last day, falling south of the $3,400 mark.

Reminder: a year ago today, one Bitcoin was worth $17,900. Bitcoin hasn’t been this low since mid-September 2017, as its glorious — and finite — rally gained traction.

This isn’t even the first significant Bitcoin tumble of the month. It lost 8% at the start of December. In the preceding weeks, it had further significant daily drops.

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