The Bitcoin (BTC) price is down a whopping 50% in 2018 so far, as the cryptocurrency community deals with a fallout in three of the largest alternative payment currencies. Currently, Bitcoin is priced at $US6,570.

btc-price-chart
Source: Yahoo! Finance

According to data from Yahoo! Finance, the price of Bitcoin in Australian dollars (BTC-AUD) is down 52% from the turn of the year, although it’s worse if you consider its 52-week high of $21,780.

Other once-popular alternative currencies like Litecoin (LTC) and Ethereum (ETH) are also getting sold down. Data from Coinmarketcap is showing overnight falls of around 7%.