Cryptocurrencies

Bitcoin Plunges Along With Other Coins

Bitcoin tumbles as much as 14%, other coins join the downslide
Cryptocurrencies remain among best-performing assets this year

WATCH: Nexo, which bills itself as the world’s biggest crypto lender, sees bitcoin rising to an all-time high by the end of the year.(Source: Bloomberg)

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By Eric Lam and Todd White

November 25, 2020 at 11:13 PM EST

Updated on

November 26, 2020 at 12:32 PM EST

This article is for subscribers only.

Bitcoin plunged on Thursday in a sell-off that saw other digital assets fall more than 20%, a slide likely to stoke speculation about the durability of the latest boom in cryptocurrencies.

The largest token fell as much as 14% in Thursday trading, heading for one of its worst days since the pandemic-spurred liquidation in March.

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Before it’s here, it’s on the Bloomberg Terminal

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