1/22, 12:41 AM (Source: TeleTrader)
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Bitcoin plummets 10%, trades below $37,000

Cryptocurrencies extended their losses with Bitcoin tumbling nearly 10% to fall below $37,000 for the first time since July last year and Ether hitting the lowest level since August.

The drop comes after a selloff on Wall Street and Russia's central bank's proposal of a ban on mining, issuing, and trading cryptocurrencies.

Bitcoin plunged 10.17% to go for $36,571.629 at 6:39 pm ET and Ether dived 14.35% to sell for $2,571.7303 at the same time.

Baha Breaking News (BBN) / NP