Bitcoin drops 10-month low to $32,763 as stock markets tumble
The cryptocurrency has dropped 13% so far in May and has lost more than half its value since it hit an all-time high of $69,000 in November last year.
Source: businesstoday.in
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Ethereum crosses $3,000-mark, Bitcoin hovers at $58,000
Ethereum crosses $3,000-mark, Bitcoin hovers at $58,000 Ether rose 2% on the Bitstamp exchange to hit the milestone early in Asia trade Reuters | May 3, 2021 | Updated 08:50 IST Cryptocurrency ether hit a record high of $3,017 on Monday, extending last week's rally in the wake of a report that the European Investment Bank (EIB) could launch a digital bond sale on the ethereum blockchain network. Ether rose 2% on the Bitstamp exchange to hit the milestone early in Asia trade. It is up more than 300% for the year so far, outpacing a 95% rise in the more popular bitcoin. Ether is the digital ...
Source: businesstoday.in