Breaking: Bitcoin crashes below $6,000 in a sharp move, to the lowest in 10 months
|Bitcoin has crashed below $7,000 and trades just below $6,500 at the time of writing, a fall of over 15% on the day.
It is trading at the lowest levels in 2020, the lowest since May 2019.
Update: BTC/USD is now below $6,000, extending its rout, down nearly 30% on the day. Other cryptocurrencies are also crashing with Ethereum under $150 and Ripple under $0.20.
High volatility extends and there is no clear trigger for the sudden sell-off.
See Bitcoin's greed and fear index implies a buying opportunity
Here is how the move looks on the chart:
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