Bitcoin tumbles another 6%, extending biggest slide since COVID-19 struck
Bitcoin slumped further through the Thanksgiving holiday as intense profit-taking dragged on prices. The world’s most popular cryptocurrency has tumbled as much as 5.9%, to $16,242.70, over the past 24 hours. The slump was Bitcoin’s biggest since the coronavirus pandemic slammed markets in March, and it reversed the weeks-long rally that placed the token within a hair of its record high.