#FollowTheLeadTrader $BTC The price of bitcoin has plunged once again in the latest shock to the cryptocurrency market.

Bitcoin has fallen almost 9 per cent in the last 24 hours. The market as a whole is down 8.6 per cent.

It takes the price of bitcoin down to around $78,000. It is just over a month since it hit $109,241, its all-time high, on 20 January, the day of Donald Trump’s inaugurationcomes after a run of market shocks over the last week that together mean bitcoin is now down 20 per cent in the last seven days.

Some large cryptocurrencies are even more effected. Ethereum – still the second biggest cryptocurrency – is down almost 25 per cent in the last week.