Bitcoin nosedives 22% this week to its lowest level since June

People walk past a board with the logo of Bitcoin in a street in Yerevan, Armenia September 9, 2019. Anton Vaganov | Reuters This has been a tough week for bitcoin .
The world’s first and largest cryptocurrency plunged more than 20% over seven days, hitting a low of $7,757 Friday — its lowest level since June. Bitcoin futures meanwhile, were on pace for their worst week of the year.
The cryptocurrency — known for its volatility — had been relatively stable since August, trading in the $10,000 ra…

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