Bitcoin, ethereum prices tumble as cryptocurrencies continue their downward slide

Bitcoin has fallen over 7% in the last 24 hours, and was trading at $39,097 as of 3:00 am ET, according to CoinDesk. The world’s most valuable cryptocurrency has plummeted over 15% since the beginning of the year. In November it was trading at a record high of $68,990.

Its peers have fared worse recently. Ethereum, which is the world’s second most valuable cryptocurency, fell almost 8% in the last 24 hours, and is now trading at around $2,895, according to CoinDesk. It is down almost 20%…


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