The main cryptocurrency by market worth fell over 8% to underneath $62,000, knowledge from charting platform TradingView present. That’s the most important single-day share (UTC) decline since Nov. 9, 2022. That day, costs tanked over 14% as Sam Bankman Fried’s FTX change, previously the third largest, went bankrupt. The every day efficiency talked about right here represents the proportion acquire or loss in a day, starting at midnight UTC and concluding at 23:59:59, UTC.