[mothered]

Greetings everyone,

Here's the latest developments on the fluctuation of Bitcon's trading- this time taking a turn for the worse. The first source Is a week old, whilst the other Is as of today.

The Bitcoin price has today dropped 12%, taking its year-to-date losses to an eye-watering 50%, after South Korean exchange Coinrail warned users it’s reviewing its system due to a hacking attempt.

The latest blow comes as the Bitcoin price struggles to find a floor amid regulatory concerns, dwindling transactions, sky-high power consumption, and criticism from the world's established financial industry.

The combined market capitalisation of the top 50 largest cryptocurrencies has dropped over $387 billion this year, a decline of over 53 per cent.

Today, 90 per cent of these top coins are worth less than they were at the start of the year.

Source.

Source.