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Bitcoin drops below $60,000 for first time since 1 Nov, Ether falls amid broad crypto dip
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livemint.comCryptocurrencies fell today, with Bitcoin sliding below $60,000 for the first time since November 1 and Ether at its lowest levels this month.
Bitcoin -- which last week hit a new record high of $69,000 -- fell to as low as $58,600, its weakest in 19 days, and was last down around 7% on the day. It is down 14% from that peak.
Ether, the world's second biggest cryptocurrency, fell to a 19-day low of $4,109.03 and was last down around 9.7% on the day.
If sustained, the move will be both cryptocurrencies' biggest daily fall since September.
Bitcoin has more than doubled this year, while Ether is up about sixfold. Both scaled records last week amid a fervor for digital assets driven by speculative demand and controversial arguments that they
Read more on livemint.comAbout this in other media
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