Bitcoin sinks 17%, a day after breaching $34,000-mark
Cryptocurrency Bitcoin on Monday sank as much as 17% to record a 24-hour low of $28,154 in the biggest intraday retreat since March 2020. The digital currency had breached the $34,000-mark for the first time on Sunday, on the event of its 12th anniversary of creation. Bitcoin is still up more than 300% over the past year.