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Bitcoin has now shed more than half of its value since the $20k high recorded on January 18, dropping to lows of just under $8,000 today in a major plunge for the token. BTC had been hovering around the $10,000 mark for weeks, but failed to stabilise a push over the $11,000 threshold. And today, as of 8.20am on March 15, the token plunged by 13.71 percent to $7,903. Ripple has seen staggering losses of 14.3 percent this morning, down to $0.67 from highs of $1.15 just one month ago. The three-month Ripple graph below highlights the extent of Ripple’s recent decline - and reveals the cryptocurrency has not been valued so low since before Christmas. While Ethereum is down to $590, a loss of 14.65 percent, and Litecoin saw the smallest drop of -10.14 percent to $156.

Will Bitcoin recover from price crash? Ran Neu Ner, the founder of ONchain Capital, suggested BTC could reach highs of $20,000 again in 2018. He said he was confident that bitcoin would regain its sky-high prices this year, arguing that it is in the cryptocurrency’s nature to be volatile. Speaking to CNBC, he said: “Yeah but bitcoin goes up, bitcoin goes down, bitcoin goes up and down very quickly. “If you recall a few months ago we were sitting right here and bitcoin was under $8,000. “It shot up to $20,000 in less than two weeks so this is nothing new.

GETTY Crypto crash: Bitcoin and Ripple prices are falling today

GETTY Ripple fell to $0.75, as XRP crashed

Bitcoin goes up, bitcoin goes down, bitcoin goes up and down very quickly. Ran Neu Ner, founder of ONchain Capital

“We’ve seen bitcoin go up and we’ve seen bitcoin go down, we’ve seen it go down 50 percent at a time. “But it’s quite a resilient currency, commodity asset that just keeps going up afterwards.” Oliver Isaacs, investor and influencer, told Express.co.uk: "The crypto-markets are extremely volatile and as an investor, you often have to look beyond the initial panic of a large price drop, not let emotions get in the way and look at the long-term likelihood of a positive return. "Bitcoin, Bitcoin cash, Ethereum, and Ripple are some of the most well-known and talked about cryptocurrencies with largest market caps. "I am a strong advocate for Ethereum and Bitcoin cash and believe the price will recover over time."

Cryptocurrency price: A year in charts Mon, March 12, 2018 Compare crypto currencies (Ripple, Bitcoin, Ethereum, LiteCoin) on value, market cap and supply for the past year Play slideshow coindesk.com 1 of 10 LiteCoin is going down with the market dip

Will Ripple recover from price crash? Right Side anchor and reporter Steve Lookner previously tweeted of XRP: “Ripple is the third-biggest cryptocurrency. It has lost 18 percent of its value in 24 hours. “It has lost 74 percent of its value since early January. Ripple investors have lost, on paper, $290 million in 24 hours.” The crash came after a blockchain startup suffered a costly hack attack when home sharing startup BeeToken was hit by a phishing dupe.

GETTY Bitcoin has now shed over half of its value since the $20k high