Chainalysis Report on PlusToken ‘Scammers’ Blamed for Monday’s Crypto Selloff

The slide started at 18:28 UTC on Monday. In only seven minutes, bitcoin dropped 4%, to $6,800 from $7,085 based on info from Coinbase. In that time, ether required a bigger hit, falling 7% from $140 to $130. Neither had witnessed such highs because Nov. 25, if the crypto markets endured a temporary selloff.

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