Bitcoin led a broad cryptocurrency selloff on Thursday, dropping 9.7per cent to US$16,933 after having hit its highest level in nearly two years earlier this week.
FILE PHOTO: A representation of virtual currency Bitcoin is seen in front of a stock graph in this illustration taken November 19, 2020. REUTERS/Dado Ruvic/Illustration/File photoLONDON: Bitcoin led a broad cryptocurrency selloff on Thursday, dropping 9.7per cent to US$16,933 after having hit its highest level in nearly two years earlier this week.
Other cryptocurrency also fell, with Ripple's XRP dropping 20.26per cent to US$0.51 and Ethereum falling 13.16per cent to US$500.8. Both currencies also hit highs earlier this week.
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