Crypto news today: Why Flow has sunk 11.9 per cent as Bitcoin price dips two per cent

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City AM

By James Davies The native coin of eco-friendly blockchain Flow has taken a tumble in the last 24 hours, falling 11.9 per cent from its recent high on Monday. It follows a rapid jump in the coin’s value because of the announcement of The Flow mainnet spork, a hard fork which promised to improve the blockchain’s potential transactions per second and therefore its ability to compete against other blockchain networks. The sharp downturn in price suggests that the news prompted an artificial buying frenzy that has now turned into a pressure to sell. In brighter news, Aptos is maintaining its stren…

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