As Bitcoin, Ethereum, Ripple’s XRP And Litecoin Lose Billions, Watchdog Issues Stark Warning

Bitcoin, after surging non-stop for the last few weeks, has finally taken a breather.

The bitcoin price has dropped around 15% in the last 24 hours, dragging down the wider cryptocurrency market and wiping billions of dollars from major tokens ethereum, Ripple’s XRP and litecoin.

As the bitcoin and cryptocurrency market wobbles, the U.K. financial watchdog has issued a stark to people considering trying to jump onto the crypto bandwagon—you “should be prepared to lose all their money.”


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