News > Bitcoin Crash: Cryptocurrency market suffers Rs 74 lakh crore loss

Bitcoin Crash: Cryptocurrency market suffers Rs 74 lakh crore loss

Bharat Times | 22/01/2022 04:24 PM | Click to read full article

Bitcoin, along with other digital cryptocurrencies, crashed to its lowest level on Saturday and the continuing meltdown has wiped out over $1 trillion.

Bitcoin was hovering at $35,000 per coin and the largest digital asset by market value has lost more than 40 per cent since reaching its peak in November 2021. Bitcoin hit an all-time high of roughly $69,000 in November.