Bitcoin had its worst first quarter in history with over $119 billion wiped off its value

Bitcoin and ethereum just had their worst first-quarter price performances in history, but ripple fell the most out of the top three major cryptocurrencies.

Bitcoin fell from $13,412.44 to $6,928.85 in the three months ended March 31, marking a more than 48 percent decline, according to data from industry website CoinDesk, which tracks the price across a number of exchanges. The cryptocurrency's previous biggest decline came in the first quarter of 2013 when it fell 37.9 percent from $770.44 to $478.72. CoinDesk has only tracked the price since 2010.

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