01-21-2022, 03:31 PM
Cryptocurrencies tumble, with bitcoin falling 8% and ether down 9% in the last 24 hours
![[Image: 105575331-1542244532670gettyimages-10359...=740&h=416]](https://image.cnbcfm.com/api/v1/image/105575331-1542244532670gettyimages-1035974108.jpeg?v=1597989675&w=740&h=416)
- Bitcoin plummeted by more than 8% in the last 24 hours, and ether dived more than 9%, according to CoinDesk.
- About $147 billion were wiped off the entire cryptocurrency market in the past 24 hours, according to Coinmarketcap.com
- It came after Wall Street’s losses on Thursday, with the Nasdaq down almost 5% this week, and the S&P 500 into its third straight week of losses.
Bitcoin prices fell sharply on Thursday night, while ether prices also dived, wiping off nearly $150 billion from the crypto market.
Bitcoin fell by nearly 8% in the last 24 hours, and was trading at $38,709 as of 1:42 a.m. ET, according to CoinDesk data.
Ether, the second-largest cryptocurrency by market cap, dived over 9% in the last 24 hours. It was trading at $2,853 as of 1:42 a.m. ET, after falling as low as $2,809.51 in the last 24 hours, according to CoinDesk.
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