INSUBCONTINENT EXCLUSIVE:
By Eric LamThe great cryptocurrency crash of 2018 is heading for its worst week yet.
Bitcoin sank toward $4,000 and most of its peers
most notorious bubbles, cryptocurrencies have become mired in a nearly $700 billion rout that shows few signs of abating
Many of the concerns that sparked the 2018 slump -- including increased regulatory scrutiny, community infighting and exchange snafus --
have only intensified this week
Oanda, said by phone from Singapore
term, with the potential to fall to $2,500 by January.
The largest cryptocurrency retreated 4.4 per cent to $4,237 at 11:31 am in Hong Kong,
according to Bloomberg composite pricing
Rivals Ether, Ripple and Litecoin all declined at least 4.8 per cent
The market value of all cryptocurrencies tracked by CoinMarketCap.com sank to $138 billion, down from about $835 billion at the market peak
