Bitcoin records biggest one-day drop for almost two months

Fall comes amid warnings over speculation by novice investors in cryptocurrencies such as Dogecoin

Bitcoin has posted its biggest one-day drop in almost two months, amid warnings that novice investors could suffer heavy losses from speculating in crypto assets such as “meme coin” Dogecoin.

Bitcoin tumbled over 11% on Sunday, dropping from around $62,000 to $55,000 – its lowest level since the end of March. Last week, the cryptocurrency had hit fresh record highs at nearly $65,000.

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Fall comes amid warnings over speculation by novice investors in cryptocurrencies such as Dogecoin
Bitcoin has posted its biggest one-day drop in almost two months, amid warnings that novice investors could suffer heavy losses from speculating in crypto assets such as “meme coin” Dogecoin.
Bitcoin tumbled over 11% on Sunday, dropping from around $62,000 to $55,000 – its lowest level since the end of March. Last week, the cryptocurrency had hit fresh record highs at nearly $65,000. Continue reading…Technology | The Guardian

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