To close the week, cryptocurrency prices were still under pressure.
According to Coin Metrics, Bitcoin was down roughly 5% at $26,366.99 after plunging to as low as $25,533.70 late on Thursday.
The action caused the remainder of the cryptocurrency market to fall. On Friday, the prices of Ether, Binance Coin, and Cardano’s ADA Token all declined by roughly 3%. The Solana coin lost 5% while Ripple’s XRP dropped by 12%.