Bitcoin has plummeted to as low as $40,700 from the intraday high of $45,600, according to data from CoinMarketCap.
Major cryptocurrency Bitcoin (BTC) has experienced sudden, massive and sharp outflows on the 15th anniversary of its 'Genesis' day, erasing most of its gains over the past 30 days.
Bitcoin tumbled below $42,000 on Jan. 3, losing at least $3,000 of value in just two hours, according to data from CoinGecko. On CoinMarketCap, Bitcoin dropped to as low as $40,700 from its intraday high of $45,600 recorded at the time of writing.
At the time of writing, Bitcoin is trading at $42,608, down nearly 6% over the past 24 hours, CoinGecko data shows. The cryptocurrency is also down 1.5% over the past 14 days while seeing almost no gains over the past 30 days.
