Left Menu
Development News Edition

Bitcoin falls 5% to $37,507 on Bitstamp exchange

Reuters | Tokyo | Updated: 08-01-2021 08:15 IST | Created: 08-01-2021 08:15 IST
Bitcoin falls 5% to $37,507 on Bitstamp exchange

Bitcoin fell more than 5% on Friday, a day after topping $40,000 for the first time.

The world's most popular digital currency fell as low as $36,750 on Bitstamp exchange, after reaching an all-time high of $40,402.46 in the previous session.

Rival cryptocurrency Ethereum sank more than 10% to as low as $1,087.

Also Read: Bitcoin crosses USD 40K mark, doubling in less than a month

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)


TRENDING

OPINION / BLOG / INTERVIEW

Future of Urban Planning: Artificial Intelligence guiding the way

Advances in emerging technologies like Artificial Intelligence and Machine Learning can help us understand our cities better and derive useful insights from real-time data collected through automated models....

Ahead of the Biden-presidency, China and South Korea tie the knot

... ...

Videos

Latest News

Olympics-Prioritise athletes for vaccine so Tokyo Games can go ahead - IOC member

Athletes should be prioritised for the novel coronavirus vaccine so the beleaguered Tokyo Games can go ahead later this year, according to senior Olympics official Dick Pound. Canadian Pound, the longest-serving member of the International ...

Samsung's 2-in-1 Galaxy Chromebook 2 boasts first-ever QLED display on Chromebook

Samsung has finally unveiled the Galaxy Chromebook 2, its newest 2-in-1 Chromebook and the first-of-its-kind to boast a QLED display. The device succeeds the companys first-ever Galaxy Chromebook which was introduced in early 2020.The Samsu...

MSCI, FTSE Russell cut Chinese telecom firms from global indexes

Global index providers MSCI Inc and FTSE Russell said they would cut three Chinese telecom companies from their benchmarks in response to a U.S. investment ban, crushing the share prices and widening the fallout from the U.S. sanctions.The ...

Boeing to pay $2.5 bln to settle U.S. criminal probe into 737 MAX crashes

Boeing Co will pay more than 2.5 billion in fines and compensation after reaching a settlement with the U.S. Department of Justice over two plane crashes that killed a total of 346 people and led to the grounding of its 737 MAX jetliner. Th...

Give Feedback