Bitcoin, the world’s biggest cryptocurrency, fell as much as 14% to $51,541 on Sunday, reversing most of the big gains it made over the past week.
Bitcoin was last trading down 10% at $53,991 as of 1320 GMT, a whopping $12,000 below record highs set on Wednesday. Smaller rival Ether , the coin linked to the ethereum blockchain network, dropped 10% to $2,101.
Data website CoinMarketCap cited a blackout in China’s Xinjiang region, …
The post RTR: Bitcoin slumps 14% as pullback from record gathers pace appeared first on The Loadstar.
Source: The Loadstar