Bitcoin dropped 13% in less than six hours trading in one session this week to send the price plunging to $6,400.
Most other coins and tokens followed suit, seeing billions wiped off the value of cryptocurrency investments in the space of a few hours in the biggest market correction seen February.
The sell-off had no apparent trigger and was seen across exchanges around the globe.
Despite rumours, the decision by US investment house and bank Goldman Sachs to delay the launch of a $90 million trading desk seemed to have no impact on the markets.
More likely in a small $300 billion market, small movements are actually large percentage changes and a series of trades can spark a rally or fall that seems to inversely affect investors.
The plunging market was a disappointment to many after a rise in prices earlier in the month after a sluggish summer for cryptocurrencies.
Cryptocurrency values
Here are the latest trading prices from cryptocurrency tracker cryptocompare.com.
| Bitcoin | Ethereum | EOS | |
| Today | $6,441.86 | $223.35 | $5.05 |
| A week ago | $7,692.69 | $421.57 | $7.19 |
| One month ago | $6,723.21 | $377.94 | $5.90 |
| Three months ago | $7,627.52 | $599.55 | $14.01 |
| A year ago | $4,618.71 | $338.92 | $0.91 |
| High in year | $19,345.19 | $1,385.02 | $21.41 |
| Low in year | $3,713.76 | $223.14 | $0.49 |
| Market cap this week (billions) | $111.14 | $22.79 | $5.05 |
| Market cap last week (billions) | $132.20 | $42.61 | $7.19 |
| Market cap change in week (billions) | -$21.06 | -$19.82 | -$2.14 |
| Bitcoin Cash | Litecoin | Ripple XRP | |
| Today | $510.32 | $55.92 | $0.29 |
| A week ago | $761.51 | $77.85 | $0.44 |
| One month ago | $657.05 | $67.33 | $0.37 |
| Three months ago | $1,513.29 | $119.99 | $0.67 |
| A year ago | $647.64 | $81.44 | $0.23 |
| High in year | $3,715.91 | $357.51 | $2.78 |
| Low in year | $310.56 | $45.20 | $0.17 |
| Market cap this week (billions) | $8.81 | $3.25 | $13.29 |
| Market cap last week (billions) | $13.09 | $4.49 | $16.98 |
| Market cap change in week (billions) | -$4.28 | -$1.24 | -$3.69 |
| Dash | Stellar | Monero | |
| Today | $174.37 | $0.19 | $112.36 |
| A week ago | $215.65 | $0.27 | $128.17 |
| One month ago | $186.88 | $0.22 | $107.61 |
| Three months ago | $310.71 | $0.28 | $158.28 |
| A year ago | $349.76 | $0.01 | $122.74 |
| High in year | $1,433.41 | $0.88 | $467.50 |
| Low in year | $138.22 | $0.01 | $83.08 |
| Market cap this week (billions) | $1.45 | $3.73 | $1.84 |
| Market cap last week (billions) | $1.77 | $5.24 | $2.08 |
| Market cap change in week (billions) | -$0.32 | -$1.51 | -$0.24 |
Source: CryptoCompare.com
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