US EditionBitcoin Falls Below US$80,000, Continuing Decline as Liquidity Worries Mount
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4 Articles
Bitcoin rate continues its downswing and falls to 78,720 dollars. Ether is also under massive pressure. Cryptocurrencies are increasingly dependent on strong price gains in gold and stocks.
Bitcoin falls below $80,000, continuing decline as liquidity worries mount - Regional Media News
Jan 31 (Reuters) - Bitcoin, the world's largest cryptocurrency by market value, was down by 6.53% at $78,719.63 at 12:48 p.m. ET (1748 GMT) on Saturday, continuing its decline from the previous session. On Friday, bitcoin fell to as low as $81,104, the lowest since November 21, while the U.S. dollar gained after former Federal Reserve Governor Kevin Warsh was selected as the next Fed chair. Some investors and traders are concerned he might tight…
The bitcoin, the world's largest cryptocurrency for market value, dropped by 6.53 per cent to $78,719.63 at 17:48 hours (GMT) on Saturday.Friday, the bitcoin dropped to $81,104, its lowest level since November 21, after former Federal Reserve Governor Kevin Warsh was elected as the next Fed president.
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