Bitcoin's price has plunged over 10%, dropping the world’s largest cryptocurrency to its lowest point in 16 months and wiping out recent gains Currently, one Bitcoin is worth about $60,000, its lowest ...
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Bitcoin fell to lows of around $60,000 Friday before rebounding.
The world's top cryptocurrency is stuck in the penalty box.
Bitcoin has fallen nearly 50% since October 6, when it hit a record high of $126,210.50, according to crypto trading platform Coinbase. The currency was trading at $66,301 as of 2pm US eastern time.
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