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Bitcoin has dipped into the $29,000 range for the second time this week

Bitcoin plummets below $27,000 due to ongoing bearish scenario

The second-largest cryptocurrency, Ether, fell 13% to $1,832.33

By Ishika Dangayach
Published - May 12, 2022, 02:19 AM ET
Last Updated - Feb 27, 2024, 01:28 PM EST
  • Bitcoin plunged below $27,000 after falling below $30,000 as the latest sell-off in the cryptocurrency industry continues.

    • The cryptocurrency dropped as low as $26,848.20 around 1:47 AM ET on Thursday. The second-largest cryptocurrency, Ether, fell 13% to $1,832.33.

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