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Bitcoin Vs Dollar Rate Today: Bitcoin Slips To Lowest Level In 1-1/2 WeekS, On Track For Biggest Gain In 8 Months
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ndtv.comBitcoin has lost 12.1 per cent since it hit an all-time high of $67,016 on Oct. 20.
Bitcoin fell on Wednesday to its lowest level in 1-1/2 weeks, taking losses since hitting a record high last week to around 12 per cent - though the digital currency is still on track for its best month since February.
Bitcoin, the world's largest cryptocurrency, fell as much as 3.7 per cent to $58,100, its lowest since Oct. 15. It has lost 12.1 per cent since it hit an all-time high of $67,016 on Oct. 20.
Bitcoin was trading down 2.3 per cent at $58,965. Smaller coins such as ethereum and ripple which tend to move in tandem with bitcoin also fell between 3.5 per cent- 7 per cent.
Bitcoin's losses were down to traders taking profit from its recent rally, said
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