Bitcoin has crashed more than 30% this week to $20,000
— Week, Coin, Exchange, Crashed, Bitcoin, Cryptocurrency, Market, Worlds, Lost, Valuable — 1 min read
The world's most valuable cryptocurrency has fallen about 15% since Monday and by nearly a third since Friday. The coin has lost around 70% of its value since its all-time high in November last year. Analysts say a move below $20,000 would be a "massive psychological blow" for the cryptocurrency market. The second-most valuable digital coin, Ether, slipped 12% on Thursday and has now lost 78% since its November peak, according to data from a crypto exchange. It has now slipped to just above $10,000 on Wednesday and has fallen below $15,000 in the past two days, data from the exchange shows. It is the second-highest value digital coin in the world, behind Bitcoin and Ether. Source