Bitcoin hits 365-day low as other stocks stumble

This post was originally published on this site.

(WSAW/CNN) – Stocks have stumbled while Bitcoin hit its lowest level since November 2024 this week.

As of Wednesday evening, Bitcoin dipped below the $72,000 mark for the first time in over a year. Over the past week, the cryptocurrency has dropped roughly 19%.

However, officials say Bitcoin’s value is relatively fair, compared to what investors originally paid.

Click here to download the WSAW news app or WSAW First Alert weather app.

Click here to submit a news tip or story idea.