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Bitcoin slides, metaverse coins hammered as fears about new COVID variant drive investors to dump crypto
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markets.businessinsider.comAndriy Onufriyenko
Bitcoin, ether and metaverse-linked coins mana and sand were all knocked down in a broad-based crypto sell-off Friday as worries about the impact of a new COVID-19 variant prompted investors to sell riskier assets. Leading cryptocurrency bitcoin fell 7.5% in 24 hours to hit $54,079 at 08:50 a.m. ET, according to CoinMarketCap data. But it was paring losses logged earlier, when it dropped to $53,625 — its lowest level since October 10. The token is now on track for its biggest one-day drop in two months.
Scientists in South Africa said Thursday they had detected a new COVID-19 variant, number B.1.1.529, that could be more transmissible and more resistant to current vaccines. In response, the UK suspended flights from six
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