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Bitcoin falls 5.84% to $43,418

Reuters2021-03-01

Feb 28 (Reuters) - Bitcoin dropped 5.84% to $43,418.02 on Sunday, losing $2,691.96 from its previous close.

Bitcoin, the world's biggest and best-known cryptocurrency, has fallen 25.6% from the year's high of $58,354.14 on Feb. 21.

Bitcoin's price soared this year as major firms including BNY Mellon , asset manager BlackRock Inc , and credit card giant Mastercard Inc backed cryptocurrencies, while others such as Tesla Inc Square Inc and MicroStrategy Inc invested in bitcoin.

Ether , the coin linked to the ethereum blockchain network, dipped 9.59% to $1,319.12 on Sunday, losing $139.91 from its previous close.

(Reporting by Sabahatjahan Contractor in Bengaluru; Editing by Daniel Wallis)

((Sabahatjahan.Contractor@thomsonreuters.com; within U.S. +1 646 223 8780 outside the U.S. +918067492635;))

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Comment18

  • Gabbytham
    ·2021-03-01
    Ok
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  • sgric
    ·2021-03-01
    Waiting for 40k as well. 
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  • ICEsh00ter
    ·2021-03-01
    time to buy more
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  • Wallstrtbets
    ·2021-03-01
    Jialak.
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  • pinkishmin
    ·2021-03-01
    Lets watch and see! 
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  • turby86
    ·2021-03-01
    This has been one wild ? ride!
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  • YK_
    ·2021-03-01
    Too many people speculate on this stock, please go away from it.
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    • YK_
      Wait for it to drop more
      2021-03-01
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  • Skyyyyyyyy
    ·2021-03-01
    How low will it go?
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    • YK_
      Can you please give comment to my post too? Thanks
      2021-03-01
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    • SSVC
      Nice
      2021-03-01
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    • SSVC
      [强][握手]
      2021-03-01
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  • jonbeloved
    ·2021-03-01
    Wow
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  • Jon000
    ·2021-03-01
    On the way down ?
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  • Werkohderkoh
    ·2021-03-01
    [疑問] 
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  • Daruma
    ·2021-03-01
    Go up fast , come down fast..
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  • GTig
    ·2021-03-01
    What goes up must come down
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  • Xaviert
    ·2021-03-01
    Still bearish. Why does it fall?Pls like and help to comment, thks! 
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    • GTig
      up and down , market movement
      2021-03-01
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  • EthanShawn
    ·2021-03-01
    Drop and drop.. Where is bottom?
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  • gtothear
    ·2021-03-01
    ?
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    • XiangRui
      [流泪]
      2021-03-01
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  • ChiiKang
    ·2021-03-01
    40k waiting
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  • Huann
    ·2021-03-01
    When shd we enter
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    • ChiiKang
      40k
      2021-03-01
      Reply
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