Bitcoin price down: Cryptocurrency value plunges amid major market worries

The value of bitcoin is falling dramatically amid major worries in the market.

Bitcoin’s value has dropped around 7 per cent over the last day, with much of that fall coming in the last hour.

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Other crypto fell even more. Ethereum – the second largest digital currency – has lost 12.7 per cent of its value in the last 24 hours, and the market as a whole is down almost 8 per cent.

The fall in bitcoin still only takes the price back to where it stood in November, however, after it experienced a dramatic rise in…

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