Bitcoin slides 6%, while altcoins sparkle


FILE PHOTO: Representations of cryptocurrency Bitcoin are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

WASHINGTON/LONDON/SINGAPORE (Reuters) -Bitcoin fell by as much as 6.5% on Tuesday, on track for its largest one-day drop in two weeks, as a wave of selling hit cryptocurrencies and other risk assets, such as stocks.

The price was last down 5.86% at $63,419, having dropped to a two-week low of $62,966, while ether fell 6.39% to $3,283.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Windows running slow? Microsoft’s 11 quick fixes to speed up your PC
Meta to let users in EU 'share less personal data' for targeted ads
Drowning in pics? Tidy your Mac library with a few clicks
Flying taxis to take people to London airports in minutes from 2028
Smartphone on your kid’s Christmas list? How to know when they’re ready.
A woman's Waymo rolled up with a stunning surprise: A man hiding in the trunk
A safety report card ranks AI company efforts to protect humanity
Bitcoin hoarding company Strategy remains in Nasdaq 100
Opinion: Everyone complains about 'AI slop,' but no one can define it
Google faces $129 million French asset freeze after Russian ruling, documents show

Others Also Read