Bitcoin continues five-week slide to hit $45,773 in New York trading – The National
- Date: 14-Dec-2021
- Source: The National
- Sector:Financial Markets
- Country:Middle East
Bitcoin continues five-week slide to hit $45,773 in New York trading – The National
Bitcoin fell below a closely watched price level as the slide in the largest cryptocurrency from its record high extended into a fifth week.
The digital asset dropped as much as 8.4 per cent to $45,773 on Monday in New York trading. By 8.15am UAE time on Tuesday, Bitcoin had pared back some of those losses to trade 3.79 per cent down at $47,102, according to CoinDesk.
However, the decline pushed it below its average price over the past 200 days, which currently stands around $46,720.
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