Bitcoin loses $10,000, or 17%, in 24 hours after overnight rout - Printable Version +- Ipoh Community Forums (https://forums.ipoh.com.my) +-- Forum: News and Current Affairs (https://forums.ipoh.com.my/forum-11.html) +--- Forum: International News (https://forums.ipoh.com.my/forum-13.html) +---- Forum: Business, Economy and Investment (https://forums.ipoh.com.my/forum-56.html) +---- Thread: Bitcoin loses $10,000, or 17%, in 24 hours after overnight rout (/thread-4120.html)

Bitcoin loses $10,000, or 17%, in 24 hours after overnight rout - superadmin - 12-05-2021 Bitcoin prices dropped sharply Saturday early morning hours ET, plunging to a low near $43,000 before rebounding some. The crypto lost about $10,000, or more than 17%, in a 24-hour period from Friday to Saturday. The price of ether dived as well, falling as low as $3,500 on Saturday. Bitcoin was at around $57,000 Friday morning before it began falling as stocks sold off on Wall Street. Bitcoin prices dropped sharply overnight Saturday, plunging to a low near $43,000. The world’s most prominent cryptocurrency pared losses subsequently, last changing hands at around $49,663, according to Coin Metrics. From a 24-hour period spanning early Friday morning to early Saturday morning, bitcoin’s price went from about $57,000 to $47,000, losing $10,000, or more than 17% - More -