International Associated Press
Bitcoin crashes to 15-month low as crypto stocks follow suit, plummeting to $67,000
Bitcoin's price dropped 11% to $67,000, reaching a 15-month low, and is now worth less than its value in November 2016 when Donald Trump was elected president.
The price of bitcoin plummeted 11% on Thursday, sinking to a 15-month low at $67,000 and valuing it less than its pre-2017 presidential election value. This marks the latest in a monthslong slide for bitcoin, dragging crypto stocks down with it. The decline has significant implications for investors and the broader cryptocurrency market.
Brief written with AI from reporting by Associated Press. All rights to the original story belong to the publisher.