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@taskmaster4450le
· 2 years agoBitcoin accelerates its slide, falling to $90,000 to start the week
Bitcoin dropped to the $90,000 mark to start the week, extending weekend losses as investors continued to dump tech stocks.
The price of the flagship cryptocurrency was last lower by 4% at $90,413.80, according to Coin Metrics, bringing its losses since Saturday to about 7%. Bitcoin lost 11% in the past week.
Bitcoin extends its slide as growth-oriented assets continue to get hit
Ether lost 7% Monday and the broader crypto market, as measured by the CoinDesk 20 index, dropped more than 6%. In premarket trading, shares of Coinbase and MicroStrategy slid 4% and 5%, respectively. Mara Holdings declined 5% and Core Scientific retreated by 3%.
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