Bitcoin price crash - LIVE: Cryptocurrency value steadies after markets tumble
Bitcoin is recovering after reaching close to its lowest price of 2018, which resulted in a cryptocurrency market crash that saw ethereum, ripple and other digital currencies to tumble in value.
- Bitcoin: $6,440
- Ethereum: $29
- Ripple: $0.29
- Bitcoin Cash: $526
- EOS: $4.69
Despite Bitcoin’s astronomical surge last year, it’s still not widely used to buy and sell actual goods in most countries. Many startups have sought to take cryptocurrencies mainstream by developing exchanges or payment solutions for merchants, but few have had success connecting all of the necessary players. ICE wants to help change that.
The bitcoin price previously dropped under the psychological $6,000 mark in late June but bounced back — and while many are hoping it will again, fear has gripped investors who hastily bought into bitcoin and other major cryptocurrencies late last year.