Bitcoin slides below $6,000; half its value lost in 2018
The virtual currency hit a peak of almost $20,000 in December.
Trending Photos
London: Bitcoin slid another 13 percent to below $6,000 on Tuesday, bringing the world`s best-known cryptocurrency`s losses to more than half since the start of 2018.
Bitcoin has fallen heavily in recent sessions as worries about a regulatory clampdown on the nascent market and panicked investors push prices lower. The virtual currency hit a peak of almost $20,000 in December.
On the Luxembourg-based bitstamp exchange, bitcoin fell to as low as $5,920, its lowest level since mid-November, before recovering slightly. Other cryptocurrencies have also dropped sharply in value this week.
Stay informed on all the latest news, real-time breaking news updates, and follow all the important headlines in india news and world News on Zee News.
Live Tv