BREAKING: Bitcoin Suddenly Plunges 7% in One Minute

BREAKING: Bitcoin Suddenly Plunges 7% in One Minute

Bitcoin, the largest cryptocurrency, suddenly crashed to the $56,000 level, shedding more than 7% within one minute on major spot exchanges.

It hit an intraday low of $56,425 on the Bitstamp exchange. The cryptocurrency has now pared a large portion of the losses.

Source