Bitcoin extends slide, sheds 5% in Asia


Source: techfans.co.uk techfans.co.uk

Key Topics in this News Article:

News Snapshot:

Bitcoin extends slide, sheds 5% in Asia January 22, 2021 FILE PHOTO: A representation of virtual currency Bitcoin is seen in front of a stock graph in this illustration taken November 19, 2020. REUTERS/Dado Ruvic/File Photo SINGAPORE (Reuters) – Bitcoin fell to an almost three-week low on Friday as profit taking and worries about extra regulation drive the cryptocurrency toward a weekly loss of more than 15%. Bitcoin fell nearly 5% to $29,300 early in the Asia session, its lowest since Jan. 4 and some 30% below its record high of $42,000 hit two weeks ago. Reporting by Tom Westbrook;...