Bitcoin plunges 15%; cryptocurrency worries mount : comparem

Bitcoin plunges 15%; cryptocurrency worries mount


Bitcoin and other cryptocurrencies are plunging as anxiety spreads through the market — this time, after China took more steps to crack down on the digital coins.
The world’s most heavily traded cryptocurrency plunged as low as $30,202 per coin from a high of nearly $44,000 in the past 24 hours, according to data from Coindesk.
Bitcoin recovered slightly following the New York stock market open and was down 15% at around $37,280.
Alongside bitcoin’s fall, several other major cryptos were down Wednesday. Ethereum plummeted below $2,000 per unit at its low before reclaiming some of its lost ground. Ether was down nearly 30% at $2,430 Wednesday morning. The meme-turned-cryptocurrency dogecoin lost nearly 26%.

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