RATE Group | Bitcoin Continues Steep Fall as Cryptocurrency Collapse Worsens
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Bitcoin Continues Steep Fall as Cryptocurrency Collapse Worsens

26 Nov Bitcoin Continues Steep Fall as Cryptocurrency Collapse Worsens

Posted at 20:20h in Cryptocurrency News by

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Bitcoin slumped 6% Monday, continuing a steep slide and bucking a modest rebound in stocks and oil.

The cryptocurrency plunged below $4,000 over the weekend and was recently near $3,800. Last week, it lost nearly a third of its value in seven days, one of its worst weekly selloffs on record. The digital currency has now fallen by about 80% since peaking near $20,000 late last year.

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