Bitcoin falls to six-month low, threatens break below $50,000 mark

Bitcoin has had a tough displaying for the reason that weekend, falling under $60,000 yesterday and now threatening a drop below $50,000 at the moment. It is the primary time since February that the cryptocurrency is testing waters under the important thing degree. And the heavy promoting comes as merchants are in a full-fledged flight to security mode throughout markets.

Wanting elsewhere, Ether can also be down a whopping 16% at the moment to $2,239 at present – additionally its lowest since February.