Bitcoin tumbles to US$45,389

Business | 23 Feb 2021 5:47 pm

Bitcoin's price descended further on Tuesday after U.S. Treasury Secretary Janet Yellen issued a warning about the cryptocurrency.

The world’s most valuable digital coin plunged by 16 percent in the last 24 hours, sinking below US$50,000 to trade at US$45,389 at 4:10 a.m. eastern time, according to data from Coin Metrics, CNBC reports.



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