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Cryptocurrencies

“Bitcoin plunges 30% to $30,000 at one point amid broad cryptocurrency sell-off”

Bitcoin plunged to near $30,000 at one point on Wednesday morning, continuing a major sell-off in the cryptocurrency markets that began a week ago. The digital currency was down about 13% for the day shortly before noon ET at $37,490, according to Coin Metrics. It hit as low as $30,001.51 as the selling intensified Wednesday morning before paring some of those losses. The cryptocurrency hasn’t traded below $30,000 since late January. At its intraday low, bitcoin’s loss for the past week was more than 40%…”

https://www.cnbc.com/2021/05/19/bitcoin-btc-price-plunges-but-bottom-could-be-near-.html

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