Bitcoin worth less than half what it was in October as markets drop

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Bitcoin’s rout worsened over the weekend, and the flagship cryptocurrency is now worth about half of what it was at its peak just months ago.

Bitcoin was trading at $33,500 on Monday morning, off by more than 21% from a week ago. Ethereum was down 9% to under $2,200, a staggering 32% decline from last week, and Cardano dipped below $1, a 35% drop from a week ago.

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