Bitcoin Slides but the Crypto Market Is Worth $1 Trillion Again. Even as Tesla Sells Out.
A recent rally in cryptocurrencies lost speed on Thursday, with the price of BitcoinBTCUSD –2.56% and other cryptocurrencies sliding back as investors digested news that Tesla TSLA +0.80% had sold the lion’s share of its digital asset holdings. The price of Bitcoin fell 3% over the past 24 hours to below $23,000, having advanced as far as $24,200 on Wednesday. The largest … Read more