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Bitcoin, other cryptos down
Bitcoin was down some 8% late on Saturday evening as U.S. officials confirmed the attack was taking place, CNBC wrote.
Bitcoin had been trading at around $70,000 on Saturday evening but plunged to below $62,000, according to data from the Bitstamp exchange. By Sunday morning it had rebounded to trade above $64,000. Other coins like ether also saw heavy selling, down by up to 10% in some cases.
The sell-off for bitcoin was the steepest in more than a year, according to Bloomberg, with the coin hitting new records recently amid inflows into US spot bitcoin ETFs which continue to drive the cryptocurrency’s price action.