Crypto’s nightmare week shows no sign of abating


Cryptocurrency logos in the window of an exchange kiosk in Istanbul, Turkey. - Dile pic

NEW YORK: The risk-off attitude and selling pressure across the global crypto market showed no sign of abating on Saturday, with bitcoin sliding 4% and ether down some 7% in late-afternoon United States trading after an already brutal week.

Bitcoin, the largest cryptocurrency by market value, traded at about US$35,300 (RM147,554) as of 4:15pm.

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