At its lowest point, the price of the world’s most popular digital asset tumbled $12,000, or nearly 30%, to trade just above $30,000. Ether, the second-biggest cryptocurrency, shed around 40% of its value, while joke token dogecoin lost as much as 50%.
As of 13:58 GMT, bitcoin was down more than 50% from its record price of almost $65,000 set in April.
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