Bitcoin prices plummeted just hours after the world's largest cryptocurrency traded at levels above $8,000.
As of 12:59 a.m. ET Friday, the price of bitcoin was at $7,215.79 apiece, according to data from Coindesk — a 10.1% drop in the last 24 hours.
In the 24 hours from 12:42 a.m. ET Friday, data from Coinmarketcap.com showed the total market capitalization of the cryptocurrency industry falling more than 8%, with more than $21 billion wiped out in that time period.Jordan Mansfield | Getty Images News | Getty Images As of 12:59 a.m. ET Friday, the price of bitcoin was at $7,215.79 apiece, according to data from Coindesk — a 10.1% drop in the last 24 hours.
In the 24 hours from 12:42 a.m. ET Friday, data from Coinmarketcap.com showed the total market capitalization of the cryptocurrency industry falling more than 8%, with more than $21 billion wiped out in that time period.
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