Bitcoin extends slide, heads for worst week since March 2020


SINGAPORE (Reuters): Bitcoin fell heavily on Friday (Jan 22) and was heading toward its sharpest weekly drop since last March, as worries over its technology and regulation extended a pullback from recent record highs.

The world's most popular cryptocurrency fell more than 5% to an almost three-week low of US$28,800 in the Asia session, before steadying around $30,000. It has lost 15% so far this week, the biggest drop since a 33% fall in March.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Bitcoin , slide

   

Next In Aseanplus News

Johor-Singapore RTS over 70% complete, says Transport Minister
Sergeant Kiang, co-creator of Singapore's famous boneless Chatterbox Chicken Rice, dies at 86
Bank Indonesia raises interest rates to highest level in seven years; surprise hike may not be the last seen this year
Thailand to appoint former energy executive Pichai as its new finance minister, sources say
Meta sued in Japan over celebrity investment scams
Najib Razak did not instruct US$1.03bil 1MDB fund transfer, court told
Anwar wants more women in top civil service posts
Philippine court blocks genetically modified golden rice production over safety fears
Gobind: Appointment of new DNB board members marks major milestone in 5G network restructuring
Asean vows to promote food security among all their member countries

Others Also Read