Bitcoin and different cryptocurrencies fell sharply Saturday, one other signal that buyers had been pulling again from riskier bets after this week’s stock-market selloff.
Bitcoin, the biggest cryptocurrency by market worth, plunged greater than 20% to $42,000 at midnight Japanese Time on Saturday earlier than bouncing again, in response to information from CoinDesk. It was buying and selling at $49,127.60 round 3 p.m., down about 9% in 24 hours.
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