Back    Zoom +    Zoom -
Bitcoin Falls Below US$58K; Ethereum Hits 7-Mth Low
Recommend
2
Positive
3
Negative
6
As US stocks tumbled in early trading on Tuesday, cryptocurrencies also took a hit, with Bitcoin and Ethereum experiencing significant declines.

The investment market showed weakness following the US Labour Day holiday on Monday. Bitcoin's price shed 1.5% to US$57,800, while Ethereum sagged 3% to US$2,442, its lowest level since early February.

Related NewsNasdaq Closes 2%+ Higher, Shrugging off Inflation Woes; Arm Skyrockets 10%; NVIDIA Soars 8%+

AAStocks Financial News