The 29-year-old, who has endured a string of injuries since his international breakthrough in 2019, has not played competitive cricket for a year
cricket59 minutes ago
Bitcoin tumbled over 9 per cent on Friday, dragging smaller tokens down, after the discovery of a new, potentially vaccine-resistant coronavirus variant saw investors dump riskier assets for the perceived safety of bonds, the yen and the dollar.
Bitcoin, the largest digital currency, fell as much as 9.2 per cent to $53,551, its lowest since October 10. The second largest cryptocurrency ether fell over 13 per cent to its lowest in a month as investors ditched cryptocurrencies.
Bitcoin, whose 13-year life has been peppered by bouts of extreme volatility, was on track for its biggest one-day drop since September 20. It has slumped by more than a fifth since hitting a record high of almost $70,000 earlier this month.
Scientists said the coronavirus variant, detected in South Africa, Botswana and Hong Kong, has an unusual combination of mutations and may be able to evade immune responses or make it more transmissible.
"The spread of (the variant), especially to other countries, could wither investor appetite further," said Yuya Hasegawa at Tokyo-based exchange Bitbank. "BTC's upside will likely be limited and the market should brace for further loss."
Bitcoin hit an all-time high of $69,000 earlier this month as more large investors embraced cryptocurrencies, with many drawn to its purported inflation-resistant qualities.
ALSO READ:
Others have piled into the digital token on the promise of quick gains, a draw that has been heightened by record low or negative interest rates. Yet bitcoin's volatility has lingered, drawing questions over its suitability as a stable store of value.
Ether was last at $3,924. It is down almost 20 per cent from its record high hit on November 10.
The 29-year-old, who has endured a string of injuries since his international breakthrough in 2019, has not played competitive cricket for a year
cricket59 minutes ago
Migrants who arrived in the UK between January 2022 and June last year are liable to have their asylum claims deemed inadmissible and be removed to Rwanda: The interior ministry
europe1 hour ago
Driving without a plate or with a damaged one can fetch residents hefty fine of up to Dh3,000, and 23 black points
transport1 hour ago
Residents of Amalli Island will have exclusive access to their own 10,000 sqft clubhouse, serving as the island's recreation, adventure, and leisure hub
uae1 hour ago
Drivers have been advised to take all precautionary measures, and adhere strictly to traffic laws and regulations
weather1 hour ago
Kumar was an engineer by training but ditched white collar work when he found an audience for his dance routines on TikTok, garnering more than 1.5 million followers
asia2 hours ago
His flatmates — who initially didn't notice the dead body in their home — will also be jailed for three months for failing to report a crime
crime2 hours ago