$260 billion wiped off crytpocurrency market in 24 hours as bitcoin plunges below $50,000

China — Bitcoin and other digital coins plunged on Friday wiping over $260 billion off the value of the cryptocurrency market. At around 14:06 p.m. Beijing time, bitcoin was down nearly 10% in the last 24 hours at $49,281.40, according to CoinDesk data. Ethereum fell to $2,202.05, down more than 11%. XRP, the fifth-biggest cryptocurrency… Continue reading $260 billion wiped off crytpocurrency market in 24 hours as bitcoin plunges below $50,000