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Bitcoin slumps 6% as new Covid-19 strain upsets wider markets

The cryptocurrency was last down 5.1 per cent at $22,290 after hitting a record $24,299.75 on Sunday
Last Updated 21 December 2020, 12:56 IST

Bitcoin dropped as much as 6 per cent on Monday, with fears over a fast-spreading new coronavirus strain in Britain hitting assets across wider markets.

The cryptocurrency was last down 5.1 per cent at $22,290 after hitting a record $24,299.75 on Sunday.

Bitcoin passed the $20,000 milestone for the first time last week, amid surging interest from larger investors.

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(Published 21 December 2020, 12:56 IST)

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