13:29 GMT +314 October 2019
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    A coin representing the bitcoin cryptocurrency is seen on computer circuit boards in this illustration picture, October 26, 2017

    Bitcoin's Black Friday: Blockchain Prices Plunge

    © REUTERS / Dado Ruvic
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    A cryptocurrency crash seems to have swept the markets this week, culminating with a massive drop during Friday’s trading.

    At the time of writing, Bitcoin has lost 30% of its value, falling from $16,519 per coin to $11,427.24, according to the digital currency exchange Coinbase's website.

    READ MORE: Not-So-Funny Money: Bitcoin's $2,000 Plunge Panics Netizens
    Other cryptocurrencies also fell, including Bitcoin Cash, which fell from $3,427 to $1,870.50 (-45.18%); Ethereum, from $826 fell to 541.05 (-33.98%); and Litecoin, which fell from $316 to $186.34, indicating a 40.61% decrease.
    Twitter is exploding in reaction to the developments on the cryptocurrency markets.

    Tags:
    market crash, cryptocurrencies, bitcoin market, Bitcoin, Bitcoin
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