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Bitcoin Price Hit With $7,000 Decrease Dogecoin Also Stumbles After 400% Rise
Bitcoin price plummeted by as much as 15 percent, the biggest single-day drop the world s largest cryptocurrency recorded since February.
Photo : Crypto Crow/Pexels
Bitcoin price plummeted by as much as 15 percent, the biggest single-day drop the world s largest cryptocurrency recorded since February. Interestingly, it happened just a few days after skyrocketing to record highs.
Bitcoin value reached a record of $64,869 last week, coinciding with Coinbase going public and memecoin Dogecoin price increasing to 400 percent, Yahoo Finance reported.
The cryptocurrency s price declined from more than $64,000 to around $55,000, the lowest Bitcoin (BTC) price since the end of last March.