Bitcoin Watch – Cryptocurrencies crashes due to fear of system errors

Majority of cryptocurrencies around the world crashed overnight as reports of system errors at popular exchanges worries investors. Binance, one of the world’s most popular exchanges was the face of the issues with rumours that accounts had been hacked. Binance CEO Changpeng Zhao reassured customers in a tweet that “All funds are safe,” however the damage was already done with Bitcoin dropping back down to around the USD10,000 mark (the lowest being USD9,500 on certain exchanges at one point). This equates to over a 10% drop in hours.

Stay updated here with how the cryptocurrency is tracking: