Bitcoin was nursing losses Wednesday after plunging amid El Salvador’s troubled rollout of the largest cryptocurrency as legal tender.
The virtual coin was trading at about $47,200 (RM196,257) as of 7.30am in Singapore, having slid as much as 17% a day earlier before paring some of the losses. The downdraft also swept across tokens such as Ether and Dogecoin, as well as the Bloomberg Galaxy Crypto Index.
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