Bitcoin Plummets to 15-Month Low as Crypto, Stock Prices Tumble

Bitcoin has fallen further in the last 24 hours, extending its weekly slide to more than 15% as it fell to a daily low of $73,111—its lowest mark in the last 15 months. 

The price of Bitcoin has since partially rebounded to $74,744, still showing a more than 4% dip on the day. The slide comes amid tumbling asset prices across crypto and traditional markets, where indices like the S&P 500 and Nasdaq Composite have fallen 1.41% and 2.22%, respectively, in the last trading day. 

Those indices have been pulled down by popular tech stocks like payments firm and stablecoin issuer PayPal (PYPL), which has fallen more than 19% on the day following its earnings report. The move away from risk-on assets also comes amid a partial U.S. government…

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