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Bitcoin tumbles 5% after a weekend cryptocurrency crash brought on by investors' Omicron fears
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euronews.comBitcoin tumbled almost 5 per cent on Monday as the start of the week offered little respite following the crypto crash this weekend, where at one point Bitcoin lost over a fifth of its value and its market dominance dipped close to its lowest ever.
Bitcoin tumbled more than 17 per cent on Friday night and into Saturday due to a period of selling as investors fled risky areas of the market amid fears over what the new Omicron variant means for the economic recovery.
The rout sent Bitcoin's price and the amount invested in Bitcoin futures back to where they were in early October, before a massive price surge that sent the token to an all-time high of $69,000 (€61,000) on November 10.
At the time of publication, it was down 3.9 per cent at
Read more on euronews.comAbout this in other media
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