Bitcoin loses half of its value in two-day plunge

Omar Marques | LightRocket | Getty Images

Bitcoin lost its allure as a safe-haven asset this week. 

The world’s first and most widely held cryptocurrency dropped 50% over the past two days. Bitcoin — sometimes referred to as “digital gold” — fell more than 30% Friday to its weakest level since March 2019, according to data from CoinDesk.

The cryptocurrency briefly dropped below $4,000…

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