[ad_1]
Al-Marsad Journal – Reuters: Bitcoin fell 6% on Friday, hitting its lowest level in two weeks, as turbulence in global bond markets pushed yields higher and triggered sales of riskier assets.
The world’s largest cryptocurrency fell to $ 44,451, before recouping some of its losses. And in the last session, it registered a decrease of 1.3% to 46 thousand 588 dollars.
The selloff is a repeat of what the stock market has witnessed, with European stocks falling nearly 1.5% as demand is affected by concerns about rising valuations.
Asian stocks fell, the biggest drop in nine months.
Bitcoin has risen nearly 60% since the start of the year, reaching an all-time high of $ 58,354 this month, as large companies, such as Tesla and MasterCard, embraced cryptocurrencies.
Source link
