Bitcoin in free fall

Published 19 May 2021 at 15.43

Economics. Bitcoin continues to plummet, and the cryptocurrency has now lost almost half its value compared to the peak in April.

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The bitcoin price was down to 30,000 dollars in the afternoon, but at the time of writing has recovered to 35,000 dollars.

However, this still means a race of over 19 percent in the last 24 hours.

The cryptocurrency is now trading at its lowest level since the beginning of February.


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