Bitcoin Down More Than 40%

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Bitcoin has fallen sharply over the last several days, shaving more than 40% off the all-time high it reached on December 17.

The world’s largest digital currency by market capitalization (market cap) declined to as little as $10,834.94, according to the CoinDesk Bitcoin Price Index (BPI).

At this price level, Bitcoin had lost roughly 45% since hitting a fresh, all-time high of $19,783 on December 17, additional BPI figures show.

Read more @ Fortune