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Bitcoin Slides 26 Percent in Biggest Plunge Since March, Shakes Faith in Cryptocurrency Boom Bitcoin has more than quadrupled in the past year. By Eric Lam and Olivia Raimonde, Bloomberg | Updated: 12 January 2021 12:31 IST Bitcoin has wiped out about $185 billion (roughly Rs. 1,360 crores) in value since Friday Highlights The asset is drawing the attention of regulators The FCA’s concerns include price volatility A steep selloff in Bitcoin is fueling concern that the cryptocurrency bubble may be about to burst. Bitcoin slid as much as 26 percent over Sunday and Monday in the biggest two-day slide since March. After dropping as much as 20 percent during New York trading hours on Monday, the price continued to fluctuate wildly. Bitcoin has wiped out about $185 billion (roughly Rs. 13,56,050 crores) in value since Friday, more than the market capitalisation of 90 percent of individual companies in the S&P 500.

New yorkUnited statesUnited kingdomScott minerdMark cranfieldMatt maleyMiller tabakVijay ayyarScott minerd scottminerdFinancial conduct authorityWall streetBitcoin cashGuggenheim investmentsBitcoin price share slide 26 percent biggest plunge march 2020 cryptocurrency rallyபுதியது யார்க்ஒன்றுபட்டது மாநிலங்களில்