Bitcoin Slumps to 12-Week Low Below $6K212.52

Bitcoin prices plunged to a 12-week low below $6,000 this morning, reporting double-digit percentage losses amid a continued crypto market sell-off. Prices on CoinDesk's Bitcoin Price Index fell as low as $5,967. The sell-off has been significant, as indicated by the $1,000 drop seen between 00:45 to 05:00 UTC. Further, during the same time period, the market capitalization of bitcoin dropped more than $11 billion to $106 billion. In the top 5, ethereum's ether token is down 29 percent, Ripple's XRP is down 24 percent, bitcoin cash has lost 28 percent and cardano is down 24.
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