 "Bitcoin")
Bitcoin plunged more than 19 per cent to a one-week low on Monday, putting the cryptocurrency on track for its biggest one-day drop since March as its recent red-hot rally hit the buffers.
Bitcoin and other digital coins tanked on Monday, wiping some $200 billion off the cryptocurrency market.
Bitcoin slumped $30,699, its lowest since January 5, after extending earlier losses in Asian trading hours and was last down 15 per cent at $32,675.
If sustained, the one-day drop would be the biggest since Covid-19 caused chaos in financial markets in March.
The falls reflect a
Bitcoin and other digital coins tanked on Monday, wiping some $200 billion off the cryptocurrency market.
Bitcoin slumped $30,699, its lowest since January 5, after extending earlier losses in Asian trading hours and was last down 15 per cent at $32,675.
If sustained, the one-day drop would be the biggest since Covid-19 caused chaos in financial markets in March.
The falls reflect a
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