Bitcoin has crashed more than 30% this week to $20,000
CNN
Bitcoin continues to tumble this week to trade just above $20,000 on Wednesday as the cryptocurrency sell-off shows little sign of abating.
The world's most valuable cryptocurrency has fallen about 15% since Monday, and by nearly a third since Friday, according to data from crypto exchange Coinbase. The coin has lost around 70% of its value since its all-time high in November last year, when it traded around $69,000.
Falling below the $20,000 barrier would be a sobering milestone for a market that boomed during the pandemic, analysts say.
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