- Mar 3, 2018
Yesterday, the price of one Bitcoin dropped from $7350 to about $6400 within a 24 hour period. Business Insider claims that the drop was exacerbated by their own report on Goldman Sachs backing away from their crypto trading desk plans. Meanwhile, Etherium has dropped to $229, its lowest price since August of 2017, while other currencies are facing similar steep drops. According the coinmarketcap.com, nearly $40 billion US dollars in virtual currency evaporated from the cryptocurrency market overnight.