Bitcoin suffers flash crash following week of crypto hype

Sun Apr 18 2021 16:00:00 GMT+0000 (Coordinated Universal Time)

After a hype-filled week for cryptocurrencies, Bitcoin experienced a flash crash over the weekend, plunging nearly 14% in less than an hour, from about $59,000 to $51,000, on Saturday night before rebounding. Other popular cryptocurrencies including ethereum and Dogecoin also fell dramatically, before recouping some of their losses.