Photo: Bloomberg

Bitcoin’s extreme volatility carried into the weekend as the world’s largest cryptocurrency continued to whipsaw investors with double-digit percentage moves.

Bitcoin traded at US$33,052 ($44,003), down 13%, as of 3:45 pm in New York, holding below its 200-day moving average; other cryptocurrencies, including Ethereum and Dogecoin, also slumped, according to CoinGecko.com. Earlier in the weekend, Bitcoin had climbed more than 8% to move back above US$38,000 following a tweet from Elon Musk.

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