NEW YORK—The price of Bitcoin last week dipped below $6,000—a sharp decrease from its December 2017 high of around $20,000.
Ethereum fell by 10% in just 24 hours to $250, its lowest price this year, Daily Mail said.
In trading mid-week, Bitcoin was down by as much as 4.5pc to $5,975. It has not hit that level since the end of June and, before that, November 2017, Daily Mail said.
Other cryptocurrencies were also suffering from a sell-off as Ethereum and Litecoin both sunk to near-11-month lows.
So far in 2018, Bitcoin is down 57%, Ether is down 67%, Bitcoin Cash is down 80%, and ripple is down a massive 87%.