plunge for Bitcoin hit Wall Street
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U.S. Treasury secretary Scott Bessent has warned he wouldn’t be surprised if China is building a U.S. dollar and bitcoin challenger based on
Bitcoin rebounded early Friday after touching $61,000 overnight, with Thursday marking the token's worst day since the FTX collapse in 2022.
Some market analysts have suggested bitcoin could fall further, potentially hitting between $40,000 to $50,000.
Bitcoin prices regained some ground Friday, after suffering their worst decline since 2022. The selloff initially extended in overnight trading, pushing bitcoin down toward $60,000. But the largest cr
Strategy, Michael Saylor's iconic bitcoin treasury, has seen its stock plunge and its cost basis for its bitcoin trove soar amid the token's bear market.
According to strategists at JPMorgan Chase, Bitcoin has actually traded with less volatility than gold. It's been a rough go for Bitcoin ( BTC +1.98%), the world's largest cryptocurrency by market cap, which is now down nearly 22% on the year, despite a strong rally on Feb. 6.
The price of bitcoin fell about 10% over the past week.
The bitcoin price crashed to $69,000 in trading Thursday as a deepening selloff in global markets spilled into crypto markets.
17hon MSN
Bitcoin drops 15%, briefly breaking below $61,000 as sell-off intensifies, doubts about crypto grow
Some market watchers have suggested $70,000 is a key level to watch and a break below that could lead bitcoin to decline further.