$1 trillion wipe-out: Cryptos hit by horror week

Crypto losses hit $1 trillion in worst week since bubble burst 24 Nov, 2018 9:24am Bitcoin sank toward US$4,000 ($5,904) on Friday in the US. Photo / Getty Images Washington Post MORE: Auckland bitcoin startup scores $315K govt grant Bitcoin sank toward US$4,000 ($5,904) and most of its peers tumbled on Friday (US time), extending the Bloomberg Galaxy Crypto Index’s decline since November 16 to 23 per cent. That’s the worst weekly slump since crypto-mania peaked in early January. After an epic r…

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