MOSCOW (Pakistan Point News / Sputnik - 25th March, 2021) Bitcoin crashed by almost 10 percent on Thursday to trade at around $51,000, continuing its two-week losing streak, market data shows.
The largest cryptocurrency rose past the $55,000 threshold on Wednesday after Tesla chief executive Elon Musk tweeted that his company was accepting the digital coin as payment.
Bitcoin broke the record high of $61,844 on March 13, before losing almost 14 percent of its value over the course of three days to trade at $53,271, as the optimism among retail traders began to wane.
