Bitcoin falls 19% to face biggest one-day drop since March

By Tom Wilson and Tom Westbrook Reuters
Jan 10, 2021
Jan 10, 2021

Representations of virtual currency Bitcoin are seen in this picture illustration taken taken March 13, 2020.
REUTERS/Dado Ruvic/File Photo

LONDON/SINGAPORE - Bitcoin plunged more than 19% to a one-week low on Monday, putting the cryptocurrency on track for its biggest one-day drop since March as its recent red-hot rally hit the buffers.

Bitcoin slumped $30,699, its lowest since Jan. 5, after extending earlier losses in Asian trading hours and was last down 15% at $32,675.

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