This article is from the source 'rtcom' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.

You can find the current article at its original source at https://www.rt.com/business/525081-bitcoin-crypto-markets-extending-losses/

The article has changed 3 times. There is an RSS feed of changes available.

Version 0 Version 1
Bitcoin tumbles below $36,000 as crypto markets extend losses after tumultuous week Bitcoin tumbles below $36,000 as crypto markets extend losses after tumultuous week
(4 months later)
The world’s crypto pioneer, bitcoin, slumped below $36,000 on Friday, marking a day-over-day decline of almost 10% as its market rivals, including ether and dogecoin, also saw declines.The world’s crypto pioneer, bitcoin, slumped below $36,000 on Friday, marking a day-over-day decline of almost 10% as its market rivals, including ether and dogecoin, also saw declines.
Bitcoin recouped some of the earlier losses later in the day. It was trading at $36,902 at 1:38pm GMT, having dropped nearly 8% in the past 24 hours.Bitcoin recouped some of the earlier losses later in the day. It was trading at $36,902 at 1:38pm GMT, having dropped nearly 8% in the past 24 hours.
The world’s biggest digital asset has been trying to recover after a brutal week that saw its price tumble 50% from all-time highs to around $30,000 last week.The world’s biggest digital asset has been trying to recover after a brutal week that saw its price tumble 50% from all-time highs to around $30,000 last week.
Meanwhile, the price of ether has fallen by around 9% in the past 24 hours to $2,592 per coin, while dogecoin’s price has dropped by around 8% to slightly over 31 cents.Meanwhile, the price of ether has fallen by around 9% in the past 24 hours to $2,592 per coin, while dogecoin’s price has dropped by around 8% to slightly over 31 cents.
Last week’s collapse of the cryptocurrency market was sparked by crackdowns on virtual currencies in China and the US.Last week’s collapse of the cryptocurrency market was sparked by crackdowns on virtual currencies in China and the US.
Beijing called for tighter regulation on crypto mining and trading, reinforcing rules introduced in 2017, while the US Treasury said it would require stricter crypto compliance with the Internal Revenue Service (IRS).Beijing called for tighter regulation on crypto mining and trading, reinforcing rules introduced in 2017, while the US Treasury said it would require stricter crypto compliance with the Internal Revenue Service (IRS).
For more stories on economy & finance visit RT's business sectionFor more stories on economy & finance visit RT's business section
Dear readers and commenters,
We have implemented a new engine for our comment section. We hope the transition goes smoothly for all of you. Unfortunately, the comments made before the change have been lost due to a technical problem. We are working on restoring them, and hoping to see you fill up the comment section with new ones. You should still be able to log in to comment using your social-media profiles, but if you signed up under an RT profile before, you are invited to create a new profile with the new commenting system.
Sorry for the inconvenience, and looking forward to your future comments,
RT Team.