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

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

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
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