Godlike Productions - Discussion Forum
Users Online Now: 1,436 (Who's On?)Visitors Today: 352,900
Pageviews Today: 605,854Threads Today: 206Posts Today: 4,134
09:49 AM


Rate this Thread

Absolute BS Crap Reasonable Nice Amazing
 

Bitcoin drops 28% below $10,000 on Coinbase; ethereum crashes 30% in 24 hours

 
Waffles
Offer Upgrade

User ID: 71445090
United States
01/16/2018 07:30 PM

Report Abusive Post
Report Copyright Violation
Bitcoin drops 28% below $10,000 on Coinbase; ethereum crashes 30% in 24 hours
Bitcoin temporarily tumbles 28 percent to below $10,000 on Coinbase.
Ethereum briefly drops more than 30 percent over the last 24 hours.
Ripple, the third-largest digital currency by market capitalization, briefly drops 46 percent below $1, according to CoinMarketCap


Bitcoin briefly plunged below $10,000 late Tuesday afternoon on Coinbase, after first topping the psychologically key level in late November.

Other major digital currencies also sold off sharply. Digital currency ethereum plunged 30 percent Tuesday, to below $1,000, while ripple fell below $1.

Ethereum recovered the $1,000 level as of 6:03 p.m. ET. Less than half an hour ago, the digital currency traded on Coinbase near $964, or 26 percent lower over the last 24 hours, after hitting a low of $854 earlier in the afternoon. Coinbase is the leading U.S. marketplace for trading bitcoin, ethereum, litecoin and bitcoin cash.

The declines followed comments from South Korean authorities that indicated tougher regulation on digital currency trading. However, there was no apparent driver behind the late-afternoon decline.

Bitcoin briefly plunged below $10,000 late Tuesday afternoon on Coinbase, after first topping the psychologically key level in late November.

Other major digital currencies also sold off sharply. Digital currency ethereum plunged 30 percent Tuesday, to below $1,000, while ripple fell below $1.

Ethereum recovered the $1,000 level as of 6:03 p.m. ET. Less than half an hour ago, the digital currency traded on Coinbase near $964, or 26 percent lower over the last 24 hours, after hitting a low of $854 earlier in the afternoon. Coinbase is the leading U.S. marketplace for trading bitcoin, ethereum, litecoin and bitcoin cash.

The declines followed comments from South Korean authorities that indicated tougher regulation on digital currency trading. However, there was no apparent driver behind the late-afternoon decline.

Bitcoin dropped 28 percent to a low of $9,969 on Coinbase, but quickly jumped back up to trade back above $11,000 as of 6:02 p.m., ET.

Bitcoin has now nearly halved in price after topping $19,800 in mid-December. But the digital currency remains more than 1,100 percent higher over the last 12 months, according to Coinbase.


fair use act....
[link to www.cnbc.com (secure)]
-------------------------------------
I'm From TEXAS y'all

User ID: 73938027
United States
01/16/2018 07:33 PM
Report Abusive Post
Report Copyright Violation
Re: Bitcoin drops 28% below $10,000 on Coinbase; ethereum crashes 30% in 24 hours
Thread: BTC Trading halted on Coinbase ?? Just tried to BUY, said NOPE
Abolish ICE! They took our slaves once, don't let it happen again -- Vote Democrat

(I need a good signature line...help??)
Anonymous Coward
User ID: 72057746
United States
01/16/2018 07:45 PM
Report Abusive Post
Report Copyright Violation
Re: Bitcoin drops 28% below $10,000 on Coinbase; ethereum crashes 30% in 24 hours
Hodl-ing my iota strongly. Lots of ball game left. Top of the 2nd.
Just flushing the credit card purchasers, second mortgagers out with massive losses. This will trickle through the economy more than will be acknowledged...
Anonymous Coward
User ID: 76152401
Germany
01/21/2018 04:50 PM
Report Abusive Post
Report Copyright Violation
Re: Bitcoin drops 28% below $10,000 on Coinbase; ethereum crashes 30% in 24 hours
[link to bitcointalk.org (secure)]

1,700,000 members





GLP