05-12-2022 09:22 AM | Source: Reuters
Bitcoin falls to 16 month low
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
HONG KONG - Bitcoin fell to its lowest in 16 months on Thursday, continuing to fall alongside risk assets such as tech stocks, and also dragged down by the collapse of TerraUSD, the so-called stablecoin which lost its dollar peg this week. [nL2N2X30RZ]
The world's largest cryptocurrency dropped around 2% to as low as $28,379.26, its lowest since January 2021.
Latest News
India`s foreign exchange reserves stand at $657.89 b...
Haryana Minister urges Korean entrepreneurs to inves...
SEBI prohibits online platforms to solicits and sale...
Evening Roundup : A Daily Report on Bullion Energy &...
Divesting Chrome web browser to have a profound impa...
Engineering goods exports shoot past $10 bn in Oct, ...
BJP leader Kailash Gahlot meets BJP National Preside...
Advent agrees to sell Indian packaging firm to PAG f...
Rajnath Singh holds meet with his Philippines, Japan...
Prasar Bharati CEO Gaurav Dwivedi briefs about Prasa...
