Bitcoin, the largest digital currency, dropped as much as 12 per cent on Monday, from Friday’s close, after extending a sell-off begun over the weekend. Photo: Reuters Bitcoin, the largest digital currency, dropped as much as 12 per cent on Monday, from Friday’s close, after extending a sell-off begun over the weekend. Photo: Reuters
Bitcoin, the largest digital currency, dropped as much as 12 per cent on Monday, from Friday’s close, after extending a sell-off begun over the weekend. Photo: Reuters

Cryptocurrencies no refuge in market carnage as bitcoin slumps to US$8,000

  • Other major digital currencies – ether, XRP and litecoin – also retreated on Monday
  • Even with the latest sell-off, bitcoin is still up 12 per cent this year

Topic |   Digital currencies
Bitcoin, the largest digital currency, dropped as much as 12 per cent on Monday, from Friday’s close, after extending a sell-off begun over the weekend. Photo: Reuters Bitcoin, the largest digital currency, dropped as much as 12 per cent on Monday, from Friday’s close, after extending a sell-off begun over the weekend. Photo: Reuters
Bitcoin, the largest digital currency, dropped as much as 12 per cent on Monday, from Friday’s close, after extending a sell-off begun over the weekend. Photo: Reuters
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