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Sunday, May 18, 2025

Sudden crypto drop sends bitcoin to 3-wk low - Reuters

Representations of cryptocurrencies are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration
SINGAPORE, Aug 19 (Reuters) - Cryptocurrencies fell sharply on Friday, with sudden selling dragging bitcoin to a three-week low.
The reason for the drop was not immediately clear. Bitcoin fell as much as 7.7% to $21,404 over a few minutes during the European morning. It recovered slightly and last stood at $22,047. Ether was last down 5% at $1,753.



Read Full Story: https://www.reuters.com/markets/us/sudden-crypto-drop-sends-bitcoin-3-wk-low-...

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