Cryptocurrencies have seen precipitous drops in their valuation amid a bout of controversies. While crypto is no stranger to market instability, this latest drop is value is more notable than most.

President Donald Trump's push toward friendly crypto policies produced a CFTC-led effort to encourage leveraged spot crypto trading, starting with Bitnomial.

Fears are growing among Bitcoin investors on Friday after the cryptocurrency’s price fell below the $80,000 threshold. Bitcoin has now fallen by 25 per cent from its all-time high of almost $110,000 ...