Bitcoin drops 22 percent after record rally
Published: 18 Dec. 2024, 17:54
![Bitcoin prices are displayed at the Bithumb Lounge in Seocho District, southern Seoul, on Dec. 18. [YONHAP]](https://koreajoongangdaily.joins.com/data/photo/2024/12/18/48b7d30d-4ba2-45db-a988-f28c0d59800d.jpg)
Bitcoin prices are displayed at the Bithumb Lounge in Seocho District, southern Seoul, on Dec. 18. [YONHAP]
Bitcoin prices are displayed at the Bithumb Lounge in Seocho District, southern Seoul, on Dec. 18.
Bitcoin was trading at $106,734 at 1:33 a.m. on that day, down 22 percent from 24 hours prior. The token had topped $108,000 for the first time on Dec. 17 with U.S. President-elect Donald Trump having reiterated strong support for the digital asset sector and cryptocurrency firm Microstrategy set to join the Nasdaq 100 later this month.
with the Korea JoongAng Daily
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