Bitcoin Slumps to $30K as Sell-Off Intensifies

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Mon, 01/11/2021 - 14:24
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Alex Dovbnya
Bitcoin has plummeted to its lowest level since Jan. 5 as the bears are becoming more ferocious
Bitcoin Slumps to $30K as Sell-Off Intensifies
Cover image via stock.adobe.com

Bitcoin, the largest cryptocurrency by market capitalization, plummeted to $30,699, its lowest level since Jan. 5., at 14:14 UTC on the Bitstamp exchange. The cryptocurrency is currently in the middle of its sharpest correction since March 2020. 

Bitcoin
Image by tradingview.com

     

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.