Cryptocurrency bitcoin dropped as much as 6% in Asia trade and was trading around $52,000 as it pulls back from record highs following a long and sharp rally. Bitcoin hit a low of $50,848 in the session following a wild ride on Monday where it traded in a $10,000 range. It’s up nearly 90% from the year’s low of $27,734. Ether, the coin linked to the ethereum blockchain, also dropped more than 5% and last bought $1,707, down almost 17% from last week’s record peak. Follow Gadgets Now on Facebook and Twitter . For the latest news , tech news , breaking news headlines and live updates checkout Gadgetsnow.com
- NABARD loan to State touches all-time high
- ‘The whole city laid off’: US jobless claims climb sky high
- Dow Rallies Over 1,300 Points Despite US Jobless Claims Recording All-Time High
- Greeks Seen Turning to Bitcoin amid Bank Closures
- America on its knees: Unemployment soars to 3.3million after three MILLION new claims are filed in just one week - four times the 1982 record - as coronavirus cripples the economy
- Bitcoin mining company says it was hacked, possible theft worth millions
- These are the largest Bitcoin mining farms in the world
- Coronavirus: Impact on Bitcoin and its future
- North Korea suspected of stealing millions in bitcoin from South Korean exchange
- The Cockeyed Dreamers Who First Climbed the Himalayas
Bitcoin drops after climbing to all-time high have 208 words, post on www.gadgetsnow.com at February 23, 2021. This is cached page on IT Breaking News. If you want remove this page, please contact us.