Bitcoin Price Tumbles After Wall Street Selloff

Finance Dec 30, 2024 14 Add to Reading List

Bitcoin and different cryptocurrencies fell sharply Saturday, different motion that investors were pulling backmost from riskier bets aft this week’s stock-market selloff.

Bitcoin, the largest cryptocurrency by marketplace value, was down 18% astatine $46,571.84 astatine astir 7 a.m. ET, according to information from CoinDesk. It temporarily dipped to $42,000 earlier bouncing back. Ether, the second-largest cryptocurrency, was down adjacent to 16%.

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