CORRECTED-Bitcoin slides more than 5% to lowest level since November 11
ReutersFeb 28, 2025 3:00 AM
Corrects milestone
By Rae Wee
SINGAPORE, Feb 28 (Reuters) - Bitcoin BTC= dropped to its lowest level in 3-1/2 months on Friday, dragged by uncertainty about U.S. President Donald Trump's tariff plans and crypto policy and flagging investor confidence after a $1.5 billion hack in rival crypto currency ether.
Bitcoin, the world's largest cryptocurrency by market value, was last down more than 5% on the day at $79,666, trading below $80,000 for the first time since November 11.
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