The crash has now entered the same league as bitcoin
HONG KONG: Bitcoin’s tumble worsened over the weekend, putting the 2018 crash within striking distance of the cryptocurrency’s worst-ever bear markets.
The virtual currency, conceived just over a decade ago, fell as low as US$3,475 on Sunday, bitstamp prices show. It was trading at US$3,949, according to Bloomberg composite pricing. That’s 7.3% below its level last Friday, and 79% below its closing peak in December.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
