Digital
Bitcoin at $10,000? What ‘one more ugly plunge' can make traders fear
Bitcoin, fresh off its biggest-ever monthly decline, whipsawed traders with wild swings on Friday as digital assets struggle to regain their footing. The largest token rallied as much as 11.3% in Asia on Friday, briefly closing in on the $21,000 level. Bitcoin then quickly gave up most of those gains as global equity markets sank, trading at $19,410 at 7 a.m. in London. June’s 41% drop was the steepest in Bloomberg data going back to 2010.