Bitcoin loses $115 bn market value in first quarter of 2018
World's largest cryptocurrency Bitcoin has lost $115 billion in market capitalisation in the first quarter of this year. The price of the digital currency has gone down from $14,000 on January 1 to around $7,100 on March 31, marking a nearly 50% decline. Bitcoin currently has a market capitalisation of $120 billion and accounts for 45% of the cryptocurrency market.