Cryptocurrencies Price | Under Pressure as platform fails

The price of bitcoin and other Cryptocurrencies have plummeted after a major cryptocurrency lender effectively failed and halted all withdrawals from its platform, citing "extreme market conditions."

It's the latest high-profile collapse of a pillar of the cryptocurrency industry.

These meltdowns have erased tens of billions of dollars of investors' assets and spurred urgent calls to regulate the freewheeling industry.