Cryptocurrency Bitcoin Plummets 17% To $45,000 After Climbing To Record High Of $48,000 Amid Valuation Concerns


2021-02-23 15:01:07

Bitcoin Plummets 17% To $45,000 Amid Concerns Over High Valuation

Bitcoin slumped as much as 17 per cent to $45,000 on Tuesday, February 23, amid concerns from investors over the cryptocurrency’s sky-high valuations, triggering the liquidation of leveraged bets. The world’s most popular cryptocurrency faced its biggest daily drop in a month, as it lost steam and fell to the $45,000 mark.

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