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Newsflash: Bitcoin price loses $ 3,000 in major correction

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The frantic race of Bitcoin continues while the cryptocurrency drops sharply to over 17 $ 000 to reach a low of $ 14,106.

The Bitcoin price had its biggest drop in dollars, losing more than $ 3,000 since its peak of $ 17,203.45 in the early hours of Friday (UTC) to $ 14,106.32, according to data from global stock markets. The 17% drop, while steep, is less than the 20% drop in bitcoin prices on November 30, a day after the bitcoin price hit $ 10,000. 3

At the time of going to press, bitcoin is trading at over $ 15,500.

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