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Bitcoin drops from peak


New York, SANA- Bitcoin fell today from its all-time high, which it reached the day before after the launch of...

New York-Sana

Bitcoin fell today from an all-time high it reached the day before after the launch of the first US equity fund based on cryptocurrency futures.

Reuters reported that Bitcoin, the world's largest cryptocurrency by market value, fell 4.35 percent to $63,122.78, after hitting $67,016 yesterday.

Earlier, bitcoin briefly fell 87 percent to $8,200, but this only happened on the US exchange Binance.

A spokesman for the American Stock Exchange said that this sudden crash was caused by an error in the institutional trading algorithm.

Source: sena

All business articles on 2021-10-21

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