Bitcoin is crashing into harmful territory — and options-fueled promoting is including to the volatility.
The biggest cryptocurrency dropped as a lot as 7.6% on Friday to $80,553, deepening a selloff that’s erased practically 25% of its worth this month. November is now shaping as much as be Bitcoin’s worst month because the 2022 collapse of Terra and FTX — a stretch that triggered a cascade of company failures throughout the trade.
