Global Crypto Prices: Bitcoin Slumps 9% To $53,551, Ether Falls 13% As Global Crypto Prices Tumble On New COVID Variant
ndtv.comBitcoin, the largest digital currency, fell as much as 9.2 per centto $53,551
Bitcoin tumbled over nine per cent on Friday, dragging smaller tokens down, after the discovery of a new, potentially vaccine-resistant coronavirus variant saw investors dump riskier assets for the perceived safety of bonds, the yen and the dollar.
Bitcoin, the largest digital currency, fell as much as 9.2 per cent to $53,551, its lowest since Oct. 10. The second largest cryptocurrency ether fell over 13 per cent to its lowest in a month as investors ditched cryptocurrencies.
Bitcoin, whose 13-year life has been peppered by bouts of extreme volatility, was on track for its biggest one-day drop since Sept. 20. It has slumped by more than a fifth since hitting a record
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