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Bitcoin extends slide, sheds 5% in Asia

by admin
January 22, 2021
in Bitcoin
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FILE PHOTO: A illustration of digital forex Bitcoin is seen in entrance of a inventory graph on this illustration taken November 19, 2020. REUTERS/Dado Ruvic/File Picture

SINGAPORE (Reuters) – Bitcoin fell to an nearly three-week low on Friday as revenue taking and worries about additional regulation drive the cryptocurrency towards a weekly lack of greater than 15%.

Bitcoin fell almost 5% to $29,300 early within the Asia session, its lowest since Jan. 4 and a few 30% beneath its report excessive of $42,000 hit two weeks in the past.

Reporting by Tom Westbrook; modifying by Richard Pullin



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