Bitcoin plunges the most in nearly a month after its record-breaking surge past $24,200 | Currency News | Financial and Business News

  • Bitcoin plummeted as much as 6% on Monday, representing the deepest drop in the crypto asset in nearly a month.
  • The decline comes after Bitcoin rocketed to record highs above $24,200 as adoption among institutional investors and companies like Square, and PayPal increases.
  • A reported hack at the hardware wallet firm Ledger as well as the US Treasury’s proposed rules that would reign in the cryptocurrency likely weighed on investor sentiment.
  • Watch bitcoin trade live here. 

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