Bitcoin continues slide that's roiling markets, threatens to break below $80,000

Bitcoin

Bitcoin tumbled as much as 6% early Friday, hovering at one point just above its critical $80,000 support level, as investors continued their flight from risk-on assets to more defensive plays. The largest cryptocurrency by market capitalization hit $80,548 at around 7:30 a.m. ET, marking is lowest price since April 11. It has since regained some of its losses to trade down 1.5% to $85,104.38, according to Coin Metrics. The cryptocurrency is down about 10% since the beginning of the week and

Tag-uri: Bitcoin

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