Cryptocurrencies

Bitcoin Plunges Through $6,000 in Worsening Crypto Rout

Largest digital token breaks $6,000 as risk-asset rout spreads
Other major cryptocurrencies post even steeper declines

Bitcoin's Tumble Shows It's No a Haven

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By Eric Lam (News) and Vildana Hajric

March 12, 2020 at 7:36 AM UTC

Updated on

March 12, 2020 at 8:12 PM UTC

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Bitcoin plunged on Thursday, at one point sinking through $6,000 for the first time since May as a sell-off in cryptocurrencies became a rout amid wider market turmoil sparked by the coronavirus pandemic.