Bitcoin price latest: Cryptocurrencies including ethereum, litecoin and ripple all decline in value

Bitcoin's price has dropped by 6.15 per cent over the last 24 hours - while almost all of the alternatives to the market leading cryptocurrency are also in decline. At the time of publication, all but two of the top 50 digital currencies by market capitalisation have fallen in value since yesterday, according to CoinMarketCap. Bitcoin is now valued at $10,526 (£7,594) as a result of the drop. Ethereum, the second most valuable digital currency, is down 7.62 per cent to $799.61 (£576.96) Bitcoin cash and litecoin, which complete the top five, are down 6.81 per cent and 7.01 per cent respectively.