Largest digital currency in the world fell on Wednesday after news that Goldman Sachs cancelled its short-term plans to organize a cryptocurrency trading desk, Bloomberg reports.

Bitcoin lost more than 3% in just 10 minutes. Litecoin, Ethereum and Ripple followed after it. Ethereum dropped 12%.

Goldman Sachs started taking small steps towards digital essets earlier this year, however, has not defined a scope of services it is ready to offer to clients yet.

As expectations in regards to acception of cryptocurrencies by the major players at Wall Street is a very important subject today, therefore, any news in this regards will influence digital assets' price, experts assume.