cryptocurrency

Bitcoin Slides With Wider Crypto Markets Amid Silvergate Fallout – Bloomberg


Bitcoin dropped to the lowest level in about two weeks, part of a wider retreat in crypto markets as investors digested the unraveling of a key industry payments network.

The largest token sank as much as 6% before paring some of the slide to trade around $22,330 as of noon Friday in Singapore. Smaller coins such as Ether, Avalanche and the meme token Dogecoin also suffered declines.



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