Bitcoin, the world’s largest cryptocurrency, which has been unable to break off the bearish pressure fueled by macroeconomic issues, experienced its third-largest single-day drop in a decade this weekend, as its price fell to under $25k.
Bitcoin Falls Under $25k
The crypto market crash has been gathering momentum, coming to a head on Sunday after U.S. data showed an 8.6% rise in inflation in May from the year prior, marking the fastest increase since December 1981.
