Market News Bitcoin has lost 1,000 $ in the past 48 hours Bitcoin falls after Goldman reportedly drops crypto trading plans

Bitcoin has lost $1,000 in the past 48 hours.The digital currency continued its downward slide on Thursday, following a report that 

Ready more  Goldman Sachs is scratching plans for a cryptocurrency trading desk.The price of ethereum had fallen by 13 percent in 24 hours, while Ripple's XRP token had seen its value dive by 6 percent and bitcoin cash dropped by 12 percent during that time. The world's largest digital currency fell about 10 percent to a low of $6,279.08 as of 8:30 a.m. ET, according to data from CoinDesk. Bitcoin has lost roughly $1,000 of its value in the past 48 hours. The price of other cryptocurrencies also plunged, according to industry tracking site  CoinMarketCap.com. The price of ether fell 13 percent, XRP was down by 6 percent, and bitcoin cash dropped by 12 percent over a 24-hour period. Digital currencies often move in lockstep with bitcoin, which accounts for more than half of the digital currency market. Those prices began slipping Wednesday following a Business Insider report, which cited people familiar with the issue saying Goldman Sachs was pulling plans to launch cryptocurrency trading, and continues to see uncertainty in the regulatory landscape. In October of 2017, the Wall Street giant had said it was looking into the possibility of launching a new trading operationfocused on bitcoin and other digital currencies. In October of 2017, Lloyd Blankfein, Goldman Sachs' outgoing CEO, had tweeted that the bank was "still thinking about bitcoin." More bearish news for cryptocurrencies came late last month when the U.S. Securities and Exchange Commission once again rejected proposals for a bitcoin exchange-traded fund as it continued to voice concern over fraud and possible manipulation in bitcoin markets. In bids to attract institutional investors, multiple groups have attempted to obtain SEC approval for cryptocurrency-focused exchange-traded funds.