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Bitcoin dropped to a three-month low late Friday amid jitters over U.S. monetary policy tightening and an internet shutdown in Kazakhstan, the world’s second-biggest bitcoin mining hub.
The price of bitcoin fell below the $41,000 mark to $40,749.90 just after 10:50 a.m. ET Friday, reaching its lowest level since Sept. 29, according to data from Coin Metrics.
It was last trading down 2.9% at a price of $41,947.75. As for the other cryptos, Ethereum dropped 6.8% and Solana dropped 7.7% respectively.
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