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Bitcoin falls over 6% to lowest in two weeks

Reuters2021-02-26

LONDON, Feb 26 (Reuters) - Bitcoin fell as much as 6% on Friday to its lowest in two weeks, as a rout in global bond markets sent yields flying and sparked a sell-off in riskier assets.

The world's biggest cryptocurrency slumped as low as $44,451 before recovering some of its losses. It was last trading down 1.3% at $46,588.

The sell-off echoed that in equity markets, where European stocks tumbled as much as 1.5%, with concerns over lofty valuations also hammering demand. Asian stocks fell by the most in nine months.

Bitcoin has risen about 60% from the start of the year, hitting an all-time high of $58,354 this month as mainstream companies such as Tesla Inc and Mastercard Inc embraced cryptocurrencies.

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Comment79

  • PhilM
    ·2021-03-01
    Buy on dip!!
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  • Fazz
    ·2021-03-01
    ?
    Reply
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  • Weilonglek
    ·2021-03-01
    For long term
    Reply
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    • Weilonglek
      Early bird now
      2021-03-01
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  • 黑豹钻石拳
    ·2021-03-01
    ?
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  • Godchok
    ·2021-03-01
    Dip
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  • wahpat
    ·2021-03-01
    Bet on it. Downside is little. But upside is fantastic, buy now thanks me later. This bitcoin is still a baby yet to see it's growthGive a like if agree. 
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  • WeeNi
    ·2021-03-01
    Like & comments 
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  • MySg
    ·2021-03-01
    Bitcoin will come back to above $50k soon
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  • Peiqi
    ·2021-03-01
    Ouch!
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  • Maydelyn
    ·2021-02-28
    I don’t think this will be the lowest. I guess it should go even lower. Let’s see. All eyes on you bitcoin. 
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  • talk2me427
    ·2021-02-28
    Well wishes to all
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  • Sing2me
    ·2021-02-28
    Invest with care pls...
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  • StormsRiders
    ·2021-02-28
    [可愛] [可愛] [可愛] 
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  • Cadmus287281
    ·2021-02-28
    Si dad
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  • Neiko
    ·2021-02-28
    Buy the dip
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    • EV8
      ??
      2021-03-02
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    • TraderPro
      BUY THE DIPPPP GO DEEP
      2021-03-01
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  • AT2020
    ·2021-02-28
    Waiting to enter agaib
    Reply
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  • MyGate
    ·2021-02-28
    I will add more
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  • melts
    ·2021-02-28
    It's still near to ATH......
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    • ALT
      Yea....
      2021-03-02
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  • AppleMango
    ·2021-02-28
    Still overpriced n need to drop further
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  • Rocketupup
    ·2021-02-28
    Ok
    Reply
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