Bitcoin Drops Below $28,400, Low Since January 2021

Bitcoin fell about 2% to as low as $28,379.26.

Hong-Kong:

Bitcoin fell to its 16-month low on Thursday, continuing to fall alongside risky assets such as technology stocks, and was also dragged down by the collapse of TerraUSD, the so-called stablecoin that lost its dollar peg this week.

The world’s largest cryptocurrency fell about 2% to as low as $28,379.26, its lowest since January 2021.

Bitcoin Drops Below $28,400, Low Since January 2021

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