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Bitcoin plunges by nearly $3,000 after closing in on its all-time record – CNBC

Bitcoin has plunged by close to $3,000 in less than 24 hours after hitting highs not seen since the end of 2017.

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LONDON Bitcoin has plunged by close to $3,000 in less than 24 hours after hitting highs not seen since the end of 2017.
The price of bitcoin was trading at $19,374 at 1:45 p.m. London time Wednesday when it began its slide. The losses accelerated overnight, with the price falling from $18,824 at 2 a.m. Thursday to $16,857 by 9 a.m., according to data from industry site CoinDesk.
Bitcoin has been on a tear in 2020, skyrocketing over 150% in a jump crypto enthusiasts have credited to unprecedented…

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