Bitcoin resumes tumble, drops around 2% By Reuters

Bitcoin resumes tumble, drops around 2% By Reuters



© Reuters. FILE PHOTO: A representation of cryptocurrency Bitcoin is seen in this illustration taken August 6, 2021. REUTERS/Dado Ruvic

HONG KONG (Reuters) – resumed its slide on Thursday, continuing to fall alongside risk assets such as tech stocks, and also dragged down by the collapse of TerraUSD, the so-called stablecoin which lost its dollar peg this week.

The world’s largest cryptocurrency dropped around 2% to as low as $28,379.26.

(Corrects to remove incorrect milestone)



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