CryptoWatch: Bitcoin futures end below $8,000 after another bank ban on credit-card buying hits

The cryptocurrency selloff got a reboot on Monday, as bitcoin pushed below $8,000 on news a major U.K. bank had banned purchases of digital currencies via its credit cards.

Bitcoin BTCUSD, -14.56% traded as low as $6,200, tumble of about 69% from its December peak, leaving it at levels not seen since late November.

Read: Bitcoin plummets below $7,000, hits 2-month low

Late Monday, the total market value of bitcoin stood at around $292 billion, according to CoinMarketCap.

Meanwhile, Ether coins on the Ethereum blockchain lost a quarter of their value to $618, trading at levels not seen since the start of the year.

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