Bitcoin which some investors treated it as digital gold was down more than 50% below its all-time high. It was down 10% again Monday after plunging over the weekend. Bitcoin prices are more than 50% below its record high of nearly USD 69,000 from 2021 and are below USD 31,000 now. Other cryptocurrencies such as Ethereum, Altcoins and Elon Musk’s beloved Dogecoins have been hit hard too.

Image: https://cdn.plus500.com/Media/ArticlesMain/Bitcoin_Article@0,75x.png