Bitcoin Surpasses $12,000 Then Tumbles in Wild Weekend Action – Bloomberg
Bitcoin reminded investors of both its promise and peril in trading this weekend.
The world’s largest cryptocurrency rose to $12,112 in trading just after midnight New York time, its first foray above $12,000 since August 2019, according to pricing compiled by Bloomberg. But it plunged shortly thereafter — 30 minutes after that high, it had dropped to $10,638.
It was down 6.7% to $11,054 as…
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