RATE Group | Bitcoin Falls Below $4,000 as Cryptocurrency Collapse Worsens
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Bitcoin Falls Below $4,000 as Cryptocurrency Collapse Worsens

26 Nov Bitcoin Falls Below $4,000 as Cryptocurrency Collapse Worsens

Posted at 09:09h in Cryptocurrency News by

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Bitcoin just had the week from hell.

The cryptocurrency plunged below $4,000 over the weekend. That means bitcoin has 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.

Tony Gu, founding partner at NEO Global…

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