Bitcoin sank below the key $30,000 threshold Tuesday, at one point briefly erasing all its 2021 gains. On Wednesday, the world’s biggest cryptocurrency climbed more than 18% to trade back above $34,000. Bitcoin had a solid start to the year but has been on a roller-coaster ride more recently amid a slew of negative news.
Bitcoin surges 18% after a wild day that saw the cryptocurrency briefly drop below $30,000