Bitcoin price plunges dramatically again as almost 10% wiped off price in hours



    The price of bitcoin has plunged in its latest dramatic drop.

    It has lost almost 10 per cent from its value over the last 24 hours, in something of a slow motion price crash.

    The weakness was even more dramatic in other cryptocurrencies: Ethereum, Cardano and other large digital coins had fallen 10 per cent or more over the morning.

    Follow all the latest crypto market updates with The Independent’s live blog

    In all, the market has dropped 9.8 per cent over the last 24 hours, according to the tracking site CoinMarketCap. Activity was up, presumably as people responded to the crash, with 44 per cent more trading than the previous day.



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