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Technology

Cryptocurrencies selloff widens: Bitcoin down nearly 4%, ether 6%

  • The world's biggest and best-known cryptocurrency weakened 4% to $50,516
Published September 7, 2021 Updated September 7, 2021 03:02pm
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By Reuters
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LONDON: A selloff in cryptocurrencies widened on Tuesday, with bitcoin weakening nearly 4% while smaller rival ether fell more than 6%.

The world's biggest and best-known cryptocurrency weakened 4% to $50,516, having risen to a mid-May high above $52,000 earlier, in Asian trading.

Bitcoin jumps above $50,000 for first time since May

Ether, the coin linked to the ethereum blockchain network, fell more than 6% to $3,666.

bitcoin cryptocurrencies ethereum

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