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Bitcoin sinks to new 13-month low

Published 11/19/2018, 04:26 AM
Updated 11/19/2018, 04:35 AM
© Reuters. FILE PHOTO - A small toy figure is seen on representations of the Bitcoin virtual currency in this illustration picture

LONDON (Reuters) - Bitcoin slumped to a new 13-month low on Monday, with the biggest cryptocurrency touching $5173.23 on the Bitstamp platform (BTC=BTSP).

Bitcoin was last down 5.2 percent at $5270. The cryptocurrency, and other lesser coins including ethereum and XRP, endured a sell-off last week, with some blaming fears that a "hard fork" in bitcoin cash, where the smaller coin that split into two separate currencies, could destabilize others.

© Reuters. FILE PHOTO - A small toy figure is seen on representations of the Bitcoin virtual currency in this illustration picture

Latest comments

To Zero it goes cause the real holders the Banksters are getting out.
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