Today news
About the same in other media
Bitcoin drops most since September in broad retreat from records
Reading now: 485
livemint.comCryptocurrencies fell on Tuesday, with Bitcoin briefly dipping below $60,000 and Ether touching its lowest level this month, in a broad-based retreat from recent record highs.
The largest digital token whipsawed traders, dipping as much as 8.2% before cutting the decline by around half. The slide to $58,661 was the biggest intraday drop since Sept. 24. Second-ranked Ether tumbled more than 10% before also paring losses. Global crypto market cap has dropped some 10% in the past 24 hours to $2.7 trillion, according tracker CoinGecko.
“After several days of gains, which saw Bitcoin hover near its all-time high as many other altcoins managed to reach new highs, we are seeing a significant pullback," said Walid Koudmani, an analyst at XTB
Read more on livemint.comAbout this in other media
Bitcoin too volatile to be adopted as legal tender, says BoE chief cointelegraph.com /3 years ago
Bitcoin tumbles nearly 8% as new coronavirus variant shakes markets business-standard.com /3 years ago
Explained: Why IMF does not support El Salvador’s use of Bitcoin as legal tender cnbctv18.com /3 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
