Bitcoin slumps under US$25,000, lowest in 18 months

Bitcoin slumps under US$25,000, lowest in 18 months

Malay Mail Online - Money·2022-06-14 05:00

LONDON, June 13 — Bitcoin tumbled Monday to an 18-month low under US$25,000 (RM110,512) as investors shunned risky assets in the face of a vicious global markets selloff, months after the cryptocurrency hit a record high.

The unit took a heavy knock also from news that cryptocurrency lending platform Celsius Network paused withdrawals, citing volatile conditions.

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