Bitcoin tumbles 20%, sharpest fall since March

Telegram från AFP / Omni
11 January 2021, 18.22

The value of leading cryptocurrency Bitcoin tumbled 20 percent Monday, wiping out some of the huge gains racked up in recent weeks as financial markets became more cautious.

The virtual currency fell to $31,061.83 according to the Bloomberg financial news service, a level last seen in March 2020 as the coronavirus pandemic sparked panic around the world.