Bitcoin, dogecoin, Shiba Inu, other cryptocurrency prices crash today. Check latest rates
Bitcoin price continued its slide as the digital token slipped below $57,000 for the first time since October, in a retreat from record highs. he world's largest and most popular cryptocurrency was trading over 6% lower at $56,328.8. Bitcoin recently hit record high of around $69,000 and is up over 93% this year (year-to-date or YTD) so far.
Global crypto market cap slipped to $2.6 trillion, according tracker CoinGecko. Bitcoin has more than doubled this year, while Ether is up about sixfold. Both scaled records last week amid a fervor for digital assets driven by speculative demand and controversial arguments that they can hedge inflation risks.
“Bitcoin, Ethereum and other major altcoins have remained subdued almost 3 days in succession.
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