Bitcoin freefalls to kshs 3,860,700 ($34,000)

After getting to a record high of almost kshs 7,721,400 ($68,000) in November, the digital currency fell to nearly $34,000 on Saturday.

Bitcoin has now fallen nearly 19% over the last week. Other coins have seen even more dramatic losses: Ethereum is now down 27% over the past week.

Anyone who bought bitcoin at the start of the year has now seen it lose more than 24% of its value, in just three weeks. 


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