Bitcoin costs plunged over the weekend, falling as a lot as 19.5 p.c from final week’s report excessive above $64,800. Bitcoin dropped as little as $52,148.98 early Sunday earlier than climbing again above $55,700, in accordance with CoinDesk. Different cryptocurrencies, together with ether and dogecoin, additionally fell sharply. Ether, the second greatest digital forex by market worth, fell by as a lot as 18 p.c on Sunday after it, too, reached report highs final week. Final week’s positive aspects got here after the success of cryptocurrency buying and selling platform Coinbase’s market debut, which marked a milestone within the mainstream acceptance of cryptocurrencies as an funding and type of cost. The weekend’s hunch adopted an unverified report through Twitter that the Treasury Division was getting ready to crack down on cash laundering utilizing cryptocurrency.