The leading cryptocurrency by market value fell over 8% to under $62,000, data from charting platform TradingView show. That’s the biggest single-day percentage (UTC) decline since Nov. 9, 2022. That day, prices tanked over 14% as Sam Bankman Fried’s FTX exchange, formerly the third largest, went bankrupt. The daily performance mentioned here represents the percentage gain or loss in a day, beginning at midnight UTC and concluding at 23:59:59, UTC.
Source: https://www.coindesk.com/markets/2024/03/20/bitcoin-registers-biggest-single-day-loss-since-ftxs-collapse/?utm_medium=referral&utm_source=rss&utm_campaign=headlines