In the morning hours of U.S. trading, bitcoin took out the Tuesday record of about $69,200 and rose to $70,136, CoinDesk Bitcoin Index (XBX) data shows. But within seconds, selling took hold and less than one hour later, the price had tumbled more than 3% to as low as $66,500.

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• Source: https://www.coindesk.com/markets/2024/03/08/groundhog-day-in-crypto-as-bitcoin-again-plunges-following-new-record/?utm_medium=referral&utm_source=rss&utm_campaign=headlines