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Blue Monday? Bitcoin tumbles 5% after weekend battering
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Bitcoin tumbled almost 5 percent on Monday as the start of the week offered little respite to the world's largest cryptocurrency after a bruising weekend where at one point it lost over a fifth of its value.
The rout sent bitcoin's price and the amount invested in bitcoin futures back to where they were in early October, before a massive price surge that sent the token to an all-time high of $69,000 on November 10.
It was last down 3.9 percent at $47,567.
Traders said the weekend fall was connected
Read more on moneycontrol.comAbout this in other media
Bitcoin back over $50,000, as market calms after weekend turmoil moneycontrol.com /2 years ago
Bitcoin back over $50,000 as market calms after weekend turmoil economictimes.indiatimes.com /2 years ago
Bitcoin Back Over $50,000, As Market Calms After Weekend Turmoil ndtv.com /2 years ago
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