โถ Coinbase Website: Coinbase.com
โถ CEX Website: cex.io
Bitcoin tumbled below $61,000, as the unwinding of leveraged bets and broader market turbulence deepened a selloff that has wiped out all of the gains since President Donald Trumpโs election set off a speculative rush into cryptocurrencies.
The token sank as much as 4.8% to $60,033 in early Asia trade Friday, extending a sharp selloff to plunge to its lowest since October 2024. The rout has erased half of Bitcoinโs value since it reached a record four months ago and has spread to other tokens, related ETFs and companies like Strategy Inc. that hold vast sums of coins.
#bitcoin #crypto #trump
———-
Like this video? Subscribe
Bloomberg News is the first word in business news. Visit bloomberg.com for the latest on global business, markets and more.
Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months:
Bloomberg on YouTube:
Connect with us on social:
โถ Coinbase Website: Coinbase.com
โถ CEX Website: cex.io
Youtube version