Here’s How Low Bitcoin Could Fall If the Selloff Worsens


Bitcoin and other cryptocurrencies tumbled over the weekend, extending declines that began earlier this month. While Bitcoin prices recovered on Monday, there may still be more pain to come for cryptocurrency investors if the digital currency crashes like it did in 2017.

Bitcoin continued to be volatile over the weekend. The currency traded below $32,000, a level not seen since January. The weekend move was part of a larger drawdown that brought Bitcoin to as low as $30,202 on Wednesday, down more than 50% from its 52-week…

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