Bitcoin dropped 7.03 per cent to $20,969.32 at 20:04 GMT on Thursday, losing $1,585.95 from its previous close.
Bitcoin, the world's biggest and best-known cryptocurrency, was down 56.5 per cent from this year's high of $48,234 on March 28. Ether, the coin linked to the ethereum blockchain network, dropped 10.71 per cent to $1,104.76 on Thursday, losing $132.47 from its previous close.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin eases from 18-month low as crypto market stabilisesLONDON/NEW YORK — Bitcoin recovered on Wednesday (June 15) after diving to an 18-month low, buoyed by the US Federal Reserve's tough stance on inflation even in the midst of a market meltdown this week after crypto lender Celsius froze customer withdrawals. The world's largest cryptocurrency fell as much as 7.8 per cent to US$20,079.72 (S$28,000), its lowest since December...
Source: asiaonecom - 🏆 10. / 59 Read more »
Bitcoin Picture Review: Will It Go to Zero or $100K+?With the “breakdown,” we should re-assess and adjust the Elliott Wave Principle (EWP)-based target zone. The only advice you should be giving is for people to cut their losses and cash out while the exchanges still have liquidity left. Those who hold till the bitter end are the losers that paid the other players winnings.
Source: YahooSG - 🏆 3. / 71 Read more »
Bitcoin slumps as much as 10% in deepening crypto sector selloffA range of other tokens from Ether to Avalanche were also nursing losses.
Source: YahooSG - 🏆 3. / 71 Read more »
China May industrial output up 0.7% y/y, retail sales fall 6.7%; better than f'castsBEIJING : China's industrial output rose 0.7 per cent in May from a year earlier, picking up from a 2.9 per cent decline in April, official data showed on Wednesday.The figure beat expectations of a 0.7 per cent drop in a Reuters poll of analysts.Retail sales in May shrank 6.7 per cent despite the
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
World stocks fall again ahead of likely Fed rate hikeNEW YORK: World stocks fell for a second day in a row on Tuesday (Jun 14) while government bond yields and the US dollar clung to multi-year highs, as surging inflation led investors to brace for what could be the largest US interest rate hike in 28 years this week. Surprisingly strong US inflation data re
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
China May property sales fall at slower pace as policies buoy demandBEIJING : China's May property sales fell at a slower pace for the first time in three months, suggesting improved buyer sentiment in the sector after several easing measures taken by cities across the country to boost demand hit by COVID-19 curbs.Property sales by floor area in May slumped 31.8 per cent
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »