Bitcoin plunged along with other cryptocurrencies on Saturday, in another indication of the risk aversion sweeping across financial markets.
Browsing: Vijay Ayyar
Bitcoin jumped on Friday, rising in a matter of minutes to its biggest daily gain since July, and other digital currencies surged in a shock rally.
Bitcoin pushed higher Monday as proponents took encouragement at its failure to breach the closely watched $30 000 support level over the weekend.
Bitcoin slid below $9 000 on Monday for the first time since May, joining a downdraft in global equities amid growing concern about the risks of a second wave of coronavirus infections.
Bitcoin slumped through $6 000 on Thursday, leading a rout of cryptocurrencies amid a wider global risk asset sell-off over the intensifying coronavirus crisis.
Bitcoin climbed to its highest since November as the debut trade of options linked to the digital currency boosted sentiment.