The price of bitcoin plummeted about 10% over the past week as investors stampeded out of the world's most popular cryptocurrency. The price of crypto tends to drop when investors look to take risk off the table," Bryan Armour, the director of passive strategies research at financial firm Morningstar. The rise of bitcoin ETFs -- exchange-traded funds -- brought crypto deeper into traditional finance over the past two years, since such investment vehicles have allowed customers at large brokers to invest in crypto without holding the underlying asset.
Author: Max Zahn
Published at: 2026-02-02 22:37:00
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