Bitcoin lost more than 20 percent this week, with stronger dollar and rising U.S. Treasury bond interest.
2021's Bitcoin rally ended with one of the worst weekly losses. Bitcoin, the largest crypto currency, lost almost 21 percent this week, marking its biggest weekly loss since March.
The Bloomberg Galaxy Crypto Index, which tracks Bitcoin, Ether and other cryptocurrencies, fell 23 percent this week.
While Bitcoin was watching around $ 57,000 at the beginning of the week, it fell more than $ 12,000 and fell below $ 45,000.
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