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Bitcoin falls below $90,00 for first time in a month, ether tumbles

Channel News Asia LogoChannel News Asia4h ago

Bitcoin falls below $90,00 for first time in a month, ether tumbles - Channel News Asia

Quick Summary:

LONDON : Cryptocurrencies bitcoin and ether dropped to multi-month lows on Tuesday, caught up in a general cross-market sell-off, and as traders continued to process last week's hack of $1.5 billion worth of ether from cryptoexchange Bybit.

FILE PHOTO: Souvenir tokens representing cryptocurrency Bitcoin and the Ethereum network, with its native token ether, plunge into water in this illustration taken May 17, 2022.

Bitcoin, the world's largest cryptocurrency by market value, dropped as much as 6 per cent to $88,245, its lowest since November, and the first time it has fallen below $90,000 since the middle of January.No 2.cryptocurrency ether shed as much as 11 per cent at one point to $2,333, its lowest since October.

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Bitcoin falls below $90,00 for first time in a month, ether tumbles - Channel News Asia (Picture 1)Bitcoin falls below $90,00 for first time in a month, ether tumbles - Channel News Asia (Picture 2)

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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-25 @ 16:35:18 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 176 words

Reading Time: 1 minutes read

Sentences: 6 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 26427898

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About Channel News Asia

Channel News Asia Logo

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 49 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 1 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

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