Bitcoin trades below $16,000; dogecoin tanks 11%. Check latest rates 

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In cryp­tocur­ren­cies, the world’s largest and most pop­u­lar dig­i­tal token Bitcoin’s price today was trad­ing more than 4% low­er at $15,973, slip­ping below the $16,000 mark. On the oth­er hand, Ether, the coin linked to the ethereum blockchain and the sec­ond largest cryp­tocur­ren­cy, also plunged by more than 8% to $1,118.

The glob­al cryp­to mar­ket cap today remained below the $1 tril­lion mark, as it over 5% low­er in the last 24 hours to $828 bil­lion, as per the data by CoinGecko, as cryp­tocur­ren­cy prices con­tin­ued to strug­gle in the ongo­ing cri­sis sparked by the down­fall of Sam Bankman-Fried’s once pow­er­ful FTX empire.

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