plunges

Bitcoin Trust Plunges as Cryptocurrency Slides Below $16,000

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Bitcoin Trust Plunges as Cryptocurrency Slides Below $16,000: In the latest development, Bitcoin’s worst three-day slide in more than a month is spilling over to the structured note that tracks its price. Shares in Bitcoin Investment Trust have tumbled 41 percent since Monday, more than double the drop in the cryptocurrency. The publicly traded vehicle’s … Read more

Bitcoin plunges $1,000 in less than an hour

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Bitcoin plunges $1,000 in less than an hour: Bitcoin plunged more than $1,000 in less than an hour Tuesday. The digital currency fell from $17,929 to a low of $16,912 between 3:30 and 4:30 p.m. ET, according to Coinbase, the leading U.S. platform for buying and selling major cryptocurrencies. Bitcoin had traded near $19,800 on … Read more