Cryptocurrency price story: Bitcoin, Ether down nearly 5% as weakness grips virtual currencies

The world’s most popular virtual currency, Bitcoin, was down nearly 5 per cent at 12:30 pm. The digital currency's value has eroded by $3,000 after it hit 40,500 earlier this week. Bitcoin’s closest rival Ether was also down 5 per cent from its value 24 hours ago and is currently trading below $2,400. Check latest prices and trends.

Cryptocurrencies were trading weaker on Friday as the value of popular digital coins kept declining after Thursday’s fall. Cryptocurrency Price (US Dollar) 24-hour change Market cap (Billion) Volume (24 Hours) Bitcoin 37,711.57 -4.06% $706.61 $36.28 billion Ether 2,339.59 -4.67% $272.21 $25.19 billion Dogecoin 0.302713 -3.50% $39.33 $1.65 billion Litecoin 172.05 -1.59% $11.68 $2.95 million XRP (Ripple) 0.839420 -2.26% $83.97 $1.60 million Cardano 1.48 -3.45% $47.68 $5.41 million The world’s most popular virtual currency, Bitcoin, was down nearly 5 per cent at 12:30 pm. The digital currency's value has eroded by $3,000 after it hit 40,500 earlier this week. Bitcoin’s closest rival Ether was also down 5 per cent from its value 24 hours ago and is currently trading below $2,400. All other popular cryptocurrencies like Cardano, Dogecoin, Stellar, Polkadot, Chainlink and Litecoin were trading at least 3 per cent weaker.