Cryptocurrencies
Bitcoin Tumbles as Trump Critique Tests Stellar Run for 2019
- Largest cryptocurrency dips to as low as $9,870 on Monday
- U.S. president said last week he is ‘not a fan’ of token
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Bitcoin slumped briefly below $10,000 on Monday, following another weekend sell-off that saw some digital tokens plunge by more than 20%.
The largest cryptocurrency fell as much as 17% from Friday before paring its drop to 11% at $10,571 as of 11:50 a.m. in New York, according to Bloomberg composite pricing. Other highly traded coins also retreated: Ethereum declined 17% and Litecoin fell 13%.