Bitcoin slumps to two-week low on technical trading, market jitters

Euronews | Aug 15, 2019 at 10:34 AM
  • Bitcoin extended losses on Thursday after suffering its worst day for a month on Wednesday.
  • The biggest cryptocurrency fell 5.5% in early trade <BTC=BTSP> after slumping 7.7% a day earlier, when it dropped under $10,000 for the first time since Aug. 1 and posted its biggest fall since July 16.
  • Other major cryptocurrencies, including Ethereum <ETH=BTSP> and Ripple’s XRP <XRP=BTSP>, which are often tightly correlated with bitcoin, also fell.
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