Cryptocurrencies slip as bounce momentum ebbs; Bitcoin slips 4% to $37,600
Cryptocurrencies slip as bounce momentum ebbs; Bitcoin slips 4% to $37,600 Bitcoin dropped 4% in Asia to about $37,600 and the next biggest crypto token, ether, was down 7.5% at $2,676 - leaving both well above deep week-ago troughs but miles shy of the record highs they scaled in April Reuters | May 27, 2021 | Updated 15:04 IST Cryptocurrencies slipped on Thursday but without falling through recent lows, as enough traders clung to hopes that the asset class can claw its way back from last week's plunge. Bitcoin dropped 4% in Asia to about $37,600 and the next biggest crypto token, ether, wa...