|Bid||22.48 x N/A|
|Ask||22.52 x N/A|
|Day's range||22.41 - 23.78|
|52-week range||2.80 - 46.70|
|Beta (5Y monthly)||2.79|
|PE ratio (TTM)||6.66|
|Earnings date||11 Nov 2021 - 15 Nov 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
(Bloomberg) -- Bitcoin nursed losses Wednesday after plunging amid El Salvador’s troubled rollout of the largest cryptocurrency as legal tender.The virtual coin was trading near $46,260 as of 12:32 p.m. in New York, having slid as much as 17% a day earlier before paring some of the losses. The downdraft also swept across tokens such as Ether and Dogecoin, as well as the Bloomberg Galaxy Crypto Index.El Salvador’s experiment with Bitcoin -- the biggest test of the token’s real-world usefulness --
A new passive index tracks the performance of Bloomberg’s Galaxy DeFi Index, and is part of an estimated $80 billion industry that's poised for explosive growth in the coming years.
Decrypt Editor-in-Chief Dan Roberts joins Yahoo Finance to break down where Bitcoin heads next after dipping below $30,000 on Tuesday.