[email protected] January 21, 2021
Photo: Reuters


The world’s most popular cryptocurrency continued to retreat from the $42,000 record high hit on January 8

Topics

Bitcoin | cryptocurrency | Bitcoin falls



Reuters  | 
LONDON 




slumped 10% on Thursday to a 10-day low of $31,977 as the world’s most popular continued to retreat from the $42,000 record high hit on Jan. 8.


The pullback came amid growing concerns that is one of a number of financial bubbles threatening the overall stability of global markets.



Fears that U.S. President Joe Biden’s administration could attempt to regulate cryptocurrencies have also weighed, traders said.


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First Published: Thu, January 21 2021. 16:58 IST





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