12-05-2021, 07:43 PM
- 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%
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