Along with market slump BTC goes to $8KsteemCreated with Sketch.

Down more than 25 percent week-on-week, bitcoin could be heading for its worst weekly loss since April 2013. The sell-off gathered pace today with prices hitting a 10-week low below $8,100, but a relief could be in the offing, technical charts indicate. Having breached the psychological support level of $9,000 earlier today, BTC fell to $8,056.51, its lowest level since Nov. 25.
BTC prices on Korean exchanges trade at a discount to prices on western exchanges, particularly BTC is changing hands at $8,227 on Coinbase's GDAX exchange, while on Bithumb, it's at $7,960. So, prices on Korean exchanges are trading at a discount of more than $250.
Till last month, the premium on Korean exchanges (known as the "Kimchi premium") was so high that it would distort the global average price of bitcoin. Thus, on Jan. 8 data source CoinMarketCap decided to exclude Korean prices from average calculations.
BTC is not the only, Ripple's XRP token has depreciated by 30%. Ethereum's ether token, bitcoin cash, NEO, and litecoin are down by 20% and the entire market capitalization of all cryptocurrencies together has declined by over $100 billion.
Cryptocurrency markets have been hit by a string of negative news since the beginning of January.

Subscribe to be in touch: @cryptocoingalaxy
Please Upvote and support our work)
P.S. Next links its referral programs, so if you , by clicking on it, will make order of Ledger or Trade on Binance , our team will make some $ , and this money we will spend to improve our content and make posting more often)
Best Cold Storage for Bitcoin and Altcoins «Ledger Nano S» - https://www.ledgerwallet.com/r/b0ad
Buy and Trade Bitcoin and Altcoins. Top 1 Exchange! - https://www.binance.com/?ref=16702916
Here you can buy almost all Altcoins, one of the best Exchanges: https://www.kucoin.com/#/?r=7Jhxgr

Sort:  

Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d
BTCBitcoin8847.170$-4.08%-24.88%
ETHEthereum899.555$-7.39%-26.44%
NEONEO114.980$-7.72%-22.12%
XRBNano14.354$-12.17%-26.91%
XRPRipple0.885$-5.83%-31.96%

Coin Marketplace

STEEM 0.18
TRX 0.13
JST 0.028
BTC 62868.78
ETH 3089.59
USDT 1.00
SBD 2.48