Bitcoin plunged as much as 17% to its lowest level in a month as El Salvador’s crypto rollout appeared to be faltering.
The largest cryptocurrency fell as low as $43,050 in New York Tuesday, tumbling more than 10% in the course of an hour after it had broken above the closely watched $50,000 level. The Bloomberg Galaxy Crypto Index, which tracks some of the largest digital tokens, lost as much as 19%.
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