bitcoin enters bear market territory

It has been reported that the value of the world’s most popular cryptocurrency has plummeted by around 8 percent in the last 24 hours. btc’s price has fallen to its lowest level since early october, losing over 20% of its value. a record low for european markets are expected soon, and u.s. stock futures are plummeting as well.

fears about a new and mutated coronavirus strain, first detected in south africa, have sent cryptocurrency prices down along with other risky assets.

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