Bitcoin hit a three-week low as cryptocurrencies rapidly plunged in early Friday trading.
Bitcoin is trading under $22,000, a more than three-week low, after a sudden sell-off.The reason for the drop was not immediately clear.on Friday fell to its lowest level in more than three weeks, dipping below $22,000 amid a sudden crypto sell-off in early European trading.
Bitcoin briefly plunged from $22,738 to below $21,500 at 2:30 a.m. ET, according to CoinDesk data, before recovering slightly to just under $22,000 over a 10-minute period.for the first time since June following a rise in U.S. stocks.
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