bitcoin rally

The cryptocurrency slid as much as 18% over two days.

Bitcoin has doubled in value in less than a month, swelling the total market value of cryptocurrencies beyond US$1 trillion.

Earlier this week, Bitcoin slid as much as 17%, the biggest drop since March.

Prices fell as much as 17% in the biggest drop since March before recovering.

This came a day after Bitcoin breached US$34,000 for the first time.

Bitcoin’s cross above the US$20,000 and US$21,000 levels were its latest milestones in recent weeks.

(June 27): Bitcoin’s 60% rally since May recalls the heady 2017 surge that made cryptocurrencies part of the public consciousness. But while prices are going a crazy, the pop culture zeitgeist isn’t quite as giddy.