SINGAPORE - The cryptocurrency market plunged on Thursday (May 12) as panicked traders dumped their holdings, including the high-profile Bitcoin.
The world's largest cryptocurrency fell 12 per cent to US$27,000 to bring its losses to almost 60 per cent since hitting a peak of US$65,000 last November.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you
