Bitcoin Plummets Below $30,000 As Crypto Market Crashes Amid Delta Variant Spread

Bitcoin Plummets Below $30,000 As Crypto Market Crashes Amid Delta Variant Spread

The price of bitcoin fell below $30,000 Tuesday morning, losing nearly all its 2021 gains as $100 billion was wiped from the crypto market, mirroring the sharp falls in global markets amid concerns the fast-spreading Delta variant of Covid-19 could hamper economic recovery.

Bitcoin was down Tuesday as the crypto market slid.