NEWSBTC: Bitcoin Drops Below $9K While NEM Rallies Briefly - March 9th Cryptocurrency News
Bitcoin fell all the way below $9,000 today so let's see what is going on. Most of the cryptocurrencies are in the red today with Digix Dao experiencing the largest loss of more than 27% out of the top 30 cryptocurrencies by market cap.
NEM was one cryptocyrrency which stood out earlier today as it gained more than 10% over the past 24 hours. It rallied after Cryptocurrency exchange Coincheck said it would reimburse investors who lost their funds because of the hack. Around $530 million was stolen, making this one of the biggest crypto thefts ever.
The cryptocurrency world has received some negative attention in the media over the last few days, mainly concerning issues surrounding cryptocurrency exchanges.
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