Business
Bitcoin plunges overnight
Bitcoin prices plunged overnight to a low of $45,111. As of 10:30 am EST Saturday, the cryptocurrency had dropped more than 13% in the previous 24 hours, from $56, 294 to $48,309 -- a loss of almost $8,000.
Posted — UpdatedBy Ramishah Maruf, CNN Business
CNN — Bitcoin prices plunged overnight to a low of $45,111. As of 10:30 am EST Saturday, the cryptocurrency had dropped more than 13% in the previous 24 hours, from $56, 294 to $48,309 -- a loss of almost $8,000.
That's a stark contrast from its all-time high of just last month, when Bitcoin almost reached $69,000 on November 9.
This is a developing story.
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