Cryptocurrencies selloff widens: Bitcoin down nearly 4per cent, ether 6per cent
LONDON : A selloff in cryptocurrencies widened on Tuesday, with bitcoin weakening nearly 4per cent while smaller rival ether fell more than 6per cent.
The world’s biggest and best-known cryptocurrency weakened 4per cent to US$50,516, having risen to a mid-May high above US$52,000 earlier, in Asian trading.
Ether, the coin linked to the ethereum blockchain network, fell more than 6per cent to US$3,666.
(Reporting by Saikat Chatterjee; editing by Sujata Rao)
Text source: MCC.EXCHANGE
