24 January, 2021
Bitcoin tumbled below $30,000 on Thursday, as the cryptocurrency continued its 2021 slide after quadrupling in value last year. The digital currency dropped 17% to $29,246.77, wiping out about $100 billion from the market, according to data from CoinDesk. It’s now down over 30% since peaking at $41,940 earlier this month.
The latest plunge, which comes without any clear reason, underscores the volatility of a currency that’s become a popular investment for day traders. - CNBC