Bitcoin crashes after the SEC rejects the Winklevoss twins' ETF

Advertisement

Bitcoin is crashing after the US Securities and Exchange Commission rejected the Winklevoss twins' exchange traded fund (ETF). The cryptocurrency plunged more than 16% in the moments after the decision was released, and is now down 14%, or $180, at $1019 a coin.

Advertisement

This story is developing. More to come...

Get the latest Bitcoin price here.

NOW WATCH: This is why you should never throw your coffee grounds away