The world’s largest cryptocurrency has tanked to its lowest price since April. Bitcoin is down nearly 2% over the past 24 hours and hit a low of nearly $81,000 late Thursday night—underneath its last floor of $82,175 in November. On Friday, the token posted a modest rebound and now trades at around $82,290, according to data from Binance. Bitcoin’s freefall has spread to other cryptocurrencies, including Ethereum, which is down 4% over the past 24 hours to now about $2,660.
Meanwhile, this week has seen an even more dramatic downturn in the price of precious metals, which until recently had been on an unprecedented tear. Gold is down 11% over the past day and silver has dropped an even greater 31%. Platinum and copper are also down.
