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Bitcoin took a ‘hammering’ today
Another cryptocurrency has taken a “hammering” today, according to Sky News Business Editor Ross Greenwood.
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“Investors bailed out trying to grab back their real money,” Mr Greenwood said.
“Bitcoin fell 13 per cent today from around $22,000.
“The value of … all Bitcoins in the world, now less than one trillion US dollars, around $950 billion.”
He said this means that around $US2 trillion has been lost in value since last November, which is a lot more than the entire Australian stock exchange’s value lost in just six months.
( Source : Sky News Australia Youtube Channel )
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