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Bitcoin Plunges to Lowest Level in Two Weeks. Blame Warring Crypto Billionaires.



Bitcoin


and other digital assets tumbled Tuesday amid fears that a face-off between two of the most influential figures in crypto could lead to trouble at the exchange FTX and wider market contagion.

The price of Bitcoin has fallen 5% over the past 24 hours to $19,700, having dropped below $19,500 in the trough of recent selling. The largest cryptocurrency is now at its lowest level in two weeks and has given up gains that had propelled Bitcoin up above $21,500 in recent days as traders hoped the token had notched a bottom in this bear market.


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