Bitcoin Slips Below $84,000 As Crypto Slump Continues
Topline
Bitcoin early on Friday dropped below $84,000 for the first time since mid-April, as the world’s most valuable cryptocurrency continued to be hit by a selloff that has tanked its price by more than 22% in the past month.
Bitcoin dropped below $84,000 for the first time since mid-April.
Getty Images
Key Facts
Bitcoin’s price dropped to $83,730.70 early on Friday, having fallen more than 9% in the past 24 hours.
As a result of the nearly month-long selloff, Bitcoin’s price is 10% below what it was at the start of the year, as it has wiped out a majority of the gains it made since President Donald Trump’s election win last year.
Bitcoin last slipped below $84,000 in April—dropping as low as $75,000—amid a broader market…
