International
Via Associated Press
Bitcoin crashes to 15-month low as crypto stocks follow suit, plummeting to $67,000
Bitcoin's price dropped 11% to $67,000, reaching a 15-month low, and is now worth less than its value in November 2016 when Donald Trump was elected president.
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The price of bitcoin plummeted 11% on Thursday, sinking to a 15-month low at $67,000 and valuing it less than its pre-2017 presidential election value. This marks the latest in a monthslong slide for bitcoin, dragging crypto stocks down with it. The decline has significant implications for investors and the broader cryptocurrency market.
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Associated Press
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