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Referenced Symbols
BTCUSD
0.23%
SPX
-2.45%
DJIA
-1.75%
GC00
-0.32%
TSLA
-8.06%
ETHUSD
-0.43%
Bitcoin was on the brink of entering a bear market Tuesday as the volatile crypto asset suffered a double-digit plunge over the past 24-hour period.
A single bitcoin BTCUSD, 0.23% was trading at $47,944.40, down around 10%, on CoinDesk, representing a roughly 18% skid for the popular digital asset from its rise over the weekend to a record at $58,332.36. The world’s No. 1 crypto had tumbled by at least 20% from that recent peak at one point over the past 24 hours, meeting the commonly used definition for a bear market.
Bitcoin bear market?
Bitcoin prices are flirting with bear market Tuesday, falling nearly 20% from a peak
