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Bitcoin Plunges Below $44,000: Here's What Happened KEY POINTS There is strong buying support at this level The market's future will depend on whether Bitcoin holds this level or not A Bitcoin sell-off drove its price to as low as $43,000 Sunday, its lowest level in almost a month. Analysts said the decline was because the cryptocurrency failed to get lifted last week from bullish news. Bitcoin closed Sunday at $45,231, its lowest since Feb. 12, but not before dropping to $43,000, the lowest the cryptocurrency has been since Feb. 8 (it plowed past $40,000 on the day). The price has regain...

Bitcoin mining uses vast amounts of electricity. Olga Maltseva/Getty Images Bitcoin uses a 'staggering' amount of energy each year, the chief i...

Bitcoin has fallen sharply from all-time highs this week S3studio/Getty Images Bitcoin slid as much as 11% to below $45,000 on Friday before re...

Elon Musk is an investment kingmaker but traders shouldn't blindly follow his every word CNN 2/17/2021 Analysis by Paul R. La Monica, CNN Business © Liesa Johannssen-Koppitz/Bloomberg/Getty Images Elon Musk, founder of SpaceX and chief executive officer of Tesla Inc., arrives at the Axel Springer Award ceremony in Berlin, Germany, on Tuesday, Dec. 1, 2020. Tesla Inc. will be added to the S&P 500 Index in one shot on Dec. 21, a move that will ripple through the entire market as money managers adjust their portfolios to make room for shares of the $538 billion company. Pho...