Bitcoin plummets in weekend after stock rout, breaching support level to around $34,000

Bitcoin plummets in weekend after stock rout, breaching support level to around $34,000

Bitcoin continues to fall, extending its losses from the past week.

The largest cryptocurrency by market value dropped 4% in the last 24 hours, according to CoinGecko, breaching a key support level and hitting a daily low of $34,406.

It’s currently trading at around $34,519, down 9% in the last seven days and down 40% year to date.

Ether, the second-largest, is also in the red, down 6% in the last day and down 7.4% in the last week.

Overall, the cryptocurrency market is taking a hit, down 4.2%


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