The track of the world’s biggest cryptocurrency saw the worst weekly fall after March 2020.
It fell low as $45,200 on a Friday morning.
As per the Coinbase exchange, it went lower than 8.4% at $46,716 at 10:10 am.The total cryptocurrency loss since last Friday morning is 19%.
This is the biggest weekly loss since the 33.5% decline in bitcoin during March last year.
Surprisingly, around $150 billion loss the market has to face since this cryptocurrency hit a $58,000 record on Sunday.
Also, the market capitalization jumped more than $1 trillion.