Downtrend: Bitcoin, the largest cryptocurrency, plunged as much as 15 during US trading hours, and traded at US5,544.37 as of 1 pm in Hong Kong. — Reuters
HONG KONG: Shares of several cryptocurrency-related companies in Asian markets fell after Bitcoin led a sell-off in digital currencies.
Monex Group Inc, which owns the Japanese exchange Coincheck, and SBI Holdings Inc fell over 2% to trade at two-week lows in Tokyo, while Vidente Co and Omnitel Inc retreated at least 6% in Seoul to lead declines among crypto-linked stocks.
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