Another cryptocurrency has received a “hammer” today, according to Sky News Business Editor Ross Greenwood.
“Investors were rescued when they tried to get their real money back,” Greenwood said.
Bitcoin was down 13 percent from about $22,000 today.
“The value of… all Bitcoins in the world, now less than a trillion dollars, about $950 billion.”
He said this means that about $2 trillion in value has been lost since last November, which is far more than the value of the entire Australian stock exchange in just six months.