If you follow the cryptocurrency markets you will have noticed it hasn't been a great week for them, with the sector as a whole losing almost $1 trillion (€820 billion) in the biggest one-day drop since March 2020.
The price of Bitcoin fell by almost a third at one point on Wednesday. Despite a later rally, Bitcoin lost around $70 billion (€57.3 billion) in market value in just 24 hours.
Rival coin Ethereum was among the other cryptocurrencies plummeting in value this week, dropping 28 per cent on Wednesday. Reddit favourite Dogecoin reached a low of $0.33 (€0.27) on Wednesday, before falling again to $0.31 (€0.25) on Thursday.
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Nearly $1 trillion has just been wiped off the cryptocurrency market. What happened? | Euronews
