June 1, 2023

Disha Shakti News

New Hopes New Visions

Ibrahim Boubacar Keita and Francois Hollande. French President Francois Hollande meets the President of Mali Ibrahim Boubacar Keita at Elysee Palace. Paris, FRANCE Photo By Thierry Chesnot

Bitcoin having a very bad day.

Bitcoin fell sharply on Monday after surging to a record $58,354 a day earlier, as a selloff in global equities curbed risk appetite.
The most popular cryptocurrency rallied over the weekend to record levels, almost doubling year-to-date. It hit a market capitalisation of $1 trillion on Friday.
Bitcoin’s gains have been fuelled by signs it is gaining acceptance among mainstream investors and companies, from Tesla Inc and Mastercard Inc to BNY Mellon .
It fell as much as 6% on Monday and was last trading down 4.4% at $54,941. Rival cryptocurrency ether fell 7% to $1,798 after also hitting a record high on Saturday.
Traders said the move was largely technical, and not tied to any particular news catalyst.
Report by Chetali S M
Reported on – 22/02/2021

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