Bitcoin has plummeted over 75 per cent this year from a peak of US$20,000 touched in December as retail investors piled into a one of the largest bubbles in history. Photo: AFP Bitcoin has plummeted over 75 per cent this year from a peak of US$20,000 touched in December as retail investors piled into a one of the largest bubbles in history. Photo: AFP
Bitcoin has plummeted over 75 per cent this year from a peak of US$20,000 touched in December as retail investors piled into a one of the largest bubbles in history. Photo: AFP

Bitcoin crashes to lowest this year, losses top 25 per cent in a week

  • The digital currency has sunk as far as US$4,300; traders and market makers blame it on heavy selling at leveraged exchanges in Asia

Topic |   Bitcoin
Bitcoin has plummeted over 75 per cent this year from a peak of US$20,000 touched in December as retail investors piled into a one of the largest bubbles in history. Photo: AFP Bitcoin has plummeted over 75 per cent this year from a peak of US$20,000 touched in December as retail investors piled into a one of the largest bubbles in history. Photo: AFP
Bitcoin has plummeted over 75 per cent this year from a peak of US$20,000 touched in December as retail investors piled into a one of the largest bubbles in history. Photo: AFP
READ FULL ARTICLE