Bitcoin's price dips lower amid cryptocurrency sell-off

11:30 AM ET Tue, 14 Aug 2018

Bitcoin fell below $6,000 Monday for the first time since June as the majority of cryptocurrencies declined in value. It neared it's lowest level of the year. Other major cryptocurrencies ether and XRP fell alongside bitcoin. The total market capitalization of all cryptocurrencies dropped $21 billion in 24 hours.