Bitcoin Tumbles Back Under $58K as Crypto Quickly Crumbles Thursday Afternoon

Bitcoin Tumbles Back Under $58K as Crypto Quickly Crumbles Thursday Afternoon

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Source: Coindesk.com

Several days of mostly quiet price action came to a fast end during U.S. trading hours Thursday afternoon, with cryptocurrencies suddenly plunging and sending bitcoin (BTC) to its weakest level since just after the early August market panic.

At press time, bitcoin was changing hands at $57,700, down nearly 3% from its price just about an hour

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The post "Bitcoin Tumbles Back Under $58K as Crypto Quickly Crumbles Thursday Afternoon" appeared first here Coindesk.com.

Source: Coindesk.com

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