Bitcoin falls past $7,500 as cryptos slide in global sell-off
INTERNATIONAL – Bitcoin extended declines a second day, falling past a key $7,500 support level to lead cryptocurrencies lower amid a wider global risk asset sell-off over the intensifying coronavirus crisis.
The largest digital currency fell as low as $7,353 and was down 5.6% as of 3:25 p.m. in Hong Kong, according to consolidated pricing compiled by Bloomberg.
The wider Bloomberg Galaxy Crypto Index tumbled 7%, with Ether, XRP and Litecoin also retreating.
Source: iol.co.za