Bitcoin slumps, missing ‘Santa rally’ while gold and stocks steal the show

Bitcoin slumped on Saturday following a flat week where the leading cryptocurrency was outshone by precious metals and the stock market. The biggest and oldest digital coin was trading for close to $87,404 per coin on Saturday morning New York time, down by nearly 2% over a 24-hour period. Over the past seven days, Bitcoin has dipped by close to 1%. And over the past month, the asset is down by 4%. Ethereum, meanwhile, was trading lower over the past week, having dropped by more than 2% to nearly$ 2,92 ...