Red Chart Falling
© Ikarth

CNBC reports:

Bitcoin and other digital coins plunged on Friday wiping over $260 billion off the value of the cryptocurrency market.

At around 14:06 p.m. Beijing time, bitcoin was down nearly 10% in the last 24 hours at $49,281.40, according to CoinDesk data. Ethereum fell to $2,202.05, down more than 11%. XRP, the fifth-biggest cryptocurrency plunged over 22%, according to price tracking site CoinMarketCap.

This wiped out around $260 billion of value from the entire cryptocurrency market.

It was unclear what triggered the sell-off ...

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