Sudden crypto drop sends Bitcoin to 3-week low

Bitcoin fell as much as 7.7% to $21,404 over a few minutes during the early trading session across European platforms



By Reuters

Published: Fri 19 Aug 2022, 6:00 PM

Last updated: Fri 19 Aug 2022, 6:18 PM

Cryptocurrencies fell sharply on Friday, with sudden selling dragging bitcoin to a three-week low.

The reason for the drop was not immediately clear. Bitcoin fell as much as 7.7 per cent to $21,404 over a few minutes during the European morning. It recovered slightly and last stood at $22,047. Ether was last down five per cent at $1,753. — Reuters


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