Today news
About the same in other media
Cryptocurrencies tumble as coronavirus variant shakes markets
Reading now: 369
moneycontrol.comBitcoin tumbled over nine percent on November 26, 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 percent to $53,551, its lowest since October 10. The second-largest cryptocurrency ether fell over 13 percent 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
Read more on moneycontrol.comAbout this in other media
What the Omicron Variant Means for Travel Restrictions and Bans wsj.com /2 years ago
What do new measures to tackle Omicron Covid variant mean for UK travellers? theguardian.com /2 years ago
Bill Ackman says the omicron Covid variant could end up being bullish for markets cnbc.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
