Crypto’s nightmare week shows no sign of abating


Cryptocurrency logos in the window of an exchange kiosk in Istanbul, Turkey. - Dile pic

NEW YORK: The risk-off attitude and selling pressure across the global crypto market showed no sign of abating on Saturday, with bitcoin sliding 4% and ether down some 7% in late-afternoon United States trading after an already brutal week.

Bitcoin, the largest cryptocurrency by market value, traded at about US$35,300 (RM147,554) as of 4:15pm.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Ether , colana , memecoins , crushed , market , rout ,

Next In Business News

Jinhua – a trading hub without borders
Up in Arms - or up the value chain?
Asia bonds for diversification
Singapore’s financial sector a big winner
Watts from water
AI disruption fears rock markets
Smart city can’t beat the traffic
Private equity hits a sixer
Dubai luxe property keeps booming
US LNG exporters lead in gas use

Others Also Read