Bitcoin plummets in value again after week of heavy losses
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1748630
The world’s most popular cryptocurrency has lost about one-third of its value since the start of the year.
Bitcoin has fallen sharply, racking up more losses after a tumultuous week for the world’s most popular cryptocurrency.
The digital currency was down nearly 14 percent on Friday morning, hovering at about $62,900 as of 01:00 GMT.
The slide continues a run of steep losses that kicked off last weekend, when the digital currency fell below $80,000.
After the latest tumble, Bitcoin, which is famed for its dramatic price swings, is down about one-third in value since the start of the year.