Breaking: Bitcoin price drops by 15%

Bitcoin – The world’s most valuable digital asset fell as much as 15% to $23,336 — its lowest level since December 2020. As a general sell-off proceeded, other cryptocurrencies fell as well.

The MVIS CryptoCompare Digital Assets 100 Index, which tracks 100 of the most popular digital assets, has plunged as much as 15%.

According to CoinGecko, the total market value, which peaked at $3 trillion in November, was $1.02 trillion as of 9:48 a.m. New York time on Monday.

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