- Bitcoin had a solid start to 2021, hitting an all-time high of nearly $65,000 in April. But it closed out the first half of the year down about 47% from its record.
- A number of looming risks could result in further pain ahead.
Bitcoin drops over 5% to $33,226.36
Bitcoin dropped 5.17% to $33,226.36 on Thursday, losing $1,810.87 from its previous close.
The world’s biggest and best-known cryptocurrency is down 48.8% from the year’s high of $64,895.22 hit on April 14.
Ether, the coin linked to the ethereum blockchain network, dropped 7.28% to $2,110.53 on Thursday, losing $165.81 from its previous close.
Reference: Reuters