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Bitcoin on course for worst week since 2022 as ‘bored’ crypto investors lured away by SpaceX frenzy

Bitcoin on course for worst week since 2022 as ‘bored’ crypto investors lured away by SpaceX frenzy

Bitcoin was yesterday on course for its worst week since 2022 as ‘bored’ crypto investors turn their attention to next week’s record-breaking £1.3trillion SpaceX float.

The world’s biggest cryptocurrency was down 15 per cent over the period, falling yesterday to as low as $61,117, the lowest level since February and more than 50 per cent below its peak last October.

It came as investor enthusiasm grew ahead of the much-anticipated initial public offering (IPO) for Elon Musk’s SpaceX next week.

UK investors were this week told…

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