Bitcoin price hits lowest in over a year — bringing MSTR, COIN, and other crypto stocks with it – DL News
- Bitcoin dropped to its lowest level since November 2024 on Wednesday.
- Top crypto stocks also plunged.
- Analysts are divided over whether crypto is in a bear market.
The price of Bitcoin hit its lowest price in over a year on Wednesday, dragging the price of top crypto stocks with it.
Bitcoin was recently trading at around $73,013 after dipping by more than 3% over a 24-hour period, according to CoinGecko data. It dropped under $72,000 earlier on Wednesday — its lowest price since November 2024. Over the past week, the leading digital asset has shed nearly 19% of its value.
The drop comes as markets across the board sell-off and market observers are divided on whether crypto is now in a bear market.
Cascading effect
Bitcoin’s selloff…
