The token fell as much as 7.2% on Tuesday to trade at US$47,321 (RM197,872.76), which is below its 200-day moving average. Ether, the second-largest coin, and the Bloomberg Galaxy Crypto Index were also in the red, with each falling roughly 7%.
NEW YORK: Bitcoin extended losses, deepening its December decline and breaching key technical levels.
The token fell as much as 7.2% on Tuesday to trade at US$47,321 (RM197,872.76), which is below its 200-day moving average. Ether, the second-largest coin, and the Bloomberg Galaxy Crypto Index were also in the red, with each falling roughly 7%.
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
