The world’s most prominent cryptocurrency is heading for its biggest one-week fall in nearly a year after an explosive rally that saw its price hitting new historic highs.
Bitcoin fell nearly 12 percent in 24 hours to trade below $45,000 on Friday, according to data from CoinDesk. By dropping to this level, the digital coin shaved over 20 percent off its price this week, which it started close to its record of $58,000, marking the worst slump since March 2020.
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