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Bitcoin Plunges Below $25K, Lowest Level Since December 2020

A weak macroeconomic environment and systemic risk from within the crypto space have caused nearly 12 successive weeks of losses for the asset.

Updated May 11, 2023, 6:41 p.m. Published Jun 13, 2022, 6:30 a.m.
Bitcoin plunged to below $25,000 amid a weak macroeconomic environment. (Mike Powell/Getty Images)
Bitcoin plunged to below $25,000 amid a weak macroeconomic environment. (Mike Powell/Getty Images)