Bitcoin closed out May down about 36%, worst month in its history

The crypto market as a whole took a hit due to concerns over increased scrutiny from regulators in the U.S. and abroad.

News 12 Staff

Jun 1, 2021, 1:36 PM

Updated 1,477 days ago

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  • The month of May was among the worst for Bitcoin in its history. The largest cryptocurrency closed down around 36% at the end of the month. The crypto market as a whole took a hit due to concerns over increased scrutiny from regulators in the U.S. and abroad.
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