Bitcoin market meltdown prompts fresh warning in China that value of world’s leading cryptocurrency could fall to zero

Motley Fool

Why Bitcoin, Ethereum, and Dogecoin Are Down Today

Most cryptocurrencies fell today, as the intense selling from last week resumed due to most of the same concerns about the Federal Reserve’s ongoing policies and the economy. Over the past 24 hours (as of 9:50 a.m. ET today), the price of the world’s largest cryptocurrency, Bitcoin (CRYPTO: BTC), has traded more than 5% down, to roughly $20,780. The price of the world’s second-largest cryptocurrency, Ethereum (CRYPTO: ETH), has traded nearly 7% down, and the price of the meme token Dogecoin (CRYPTO: DOGE) is down nearly 6%.