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Down 26%: Bitcoin Sees Worst Sell-Off in 7 Years as Coronavirus Spurs Flight to Safety

Bitcoin (BTC) suffered its biggest drop in seven years, as fears over the spreading coronavirus triggered a new wave of selling in everything from stocks and junk bonds to cryptocurrencies. This came despite a new European Central Bank pledge to pump more cash into panicky markets.  Prices for the largest cryptocurrency

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Bitcoin Rebounds From Market’s Worst Day in 5 Months; Big Relief Rally Ahead?

Bitcoin bounced after Sunday’s steep declines, which had seen the cryptocurrency logging its worst daily performance since September 2019.The bitcoin-to-dollar exchange rate on Tuesday jumped 2.21 percent to establish a new intraday high at circa $8,094. The pair’s rebound, which appeared almost like a “dead cat bounce,” raised hopes for

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