Bitcoin is tanking hard, taking every other coin along for the ride

It’s another crypto bloodbath, Bitcoin fans. Very early on Friday, prices started dropping more than usual. It all seemed like just another regular start of the day. Bitcoin and the entire market have been on a continued downward trend for weeks, as the bears are still in control of the action.

It soon became clear that this wasn’t just another Friday. Bitcoin lost nearly $700, trading as low as $6,100 on some exchanges. And when Bitcoin drops, everything else follows.