Bitcoin price plummets

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Bitcoin price plummets
Photo: Kin Cheung/AP/TT

In line with the rising financial turmoil, the bitcoin price is plummeting and is now trading below $95,000.

On Thursday, the price fell below $100,000 and has fallen by nine percent in value this week. In October, the cryptocurrency hit a record high of just over $126,000.

The case is taking listed bitcoin companies with it. Strategy, the world's largest listed bitcoin holder, has plummeted by 30 percent in a month, writes Dagens Industri.

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By TTEnglish edition by Sweden Herald, adapted for our readers

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