Bitcoin, a virtual currency, has fallen sharply since March last year on the 4th. The characteristic volatility was repeated again, and it suddenly dropped from the highest price on the previous day.
Bitcoin temporarily fell 17%. As of 10:41 am London time, it is down 13% to $ 29,168. It reached a record high of $ 34,000 on the 3rd.
Bitcoin has risen by more than 300% in the past year, although it is difficult to pinpoint the reason for this volatility as with cryptocurrencies. Cryptocurrencies are emerging as the mainstream asset class, and expectations are widespread among individuals and institutional investors that they can be used as a means of storing value.
news-rsf-original-reference">Original title:
Bitcoin Falls Most Since March as Volatility Grips Trading(Excerpt)
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