Worries did not leave cryptocurrency market on Tuesday, and it seems they are not going to do that, undermining confidence to these nascent assets type, Bloomberg reports. All major types of digital money demonstrate drop today.

The largest cryptocurrency Bitcoin fell by 10% in London today in the morning. Starting the year at level above $14000, now it is traded for $4290,43.

Rival digital coins, including Ether, Litecoin and XPR, joined the fall. The last one lost 17%.

As a result, Bitcoin lost about $700 billion of its market value from peak level of January after some months of relative stability. The exact reason for selloff is unknown, however, it coinсided with split of Bitcoin Cash.

Meanwhile, on Friday SEC announced about first civil penalties in regards to two cryptocurrency companies that did not registered its Initial Coin Offerings as securities.