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Bitcoin loses $10,000, or 17%, in 24 hours after overnight rout - Printable Version

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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.
[Image: 104950133-GettyImages-871795390-1.jpg?v=...=740&h=416]

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%

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