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Bitcoin drops below $35,000 over the weekend, extending Friday’s losses

Bitcoin drops below $35,000 over the weekend, extending Friday’s losses

Bitcoin Bitcoin is a volatile asset, and has been known to swing more than 10% higher or lower in a single day. Jakub Porzycki | Nurphoto | Getty Images Bitcoin continued to slide after a broader stock sell-off in the U.S. last week sent the cryptocurrency market into a frenzy and prompted bitcoin to plummet by roughly 10%. Bitcoin, the world’s largest digital currency by market value, was lower by about 3% at $33,438.03 late Sunday, according to data from Coin Metrics. This year, Bitcoin has been trading in a narrow range as it attempts to reclaim its highs of […]