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Last Updated : May 17, 2019 10:27 AM IST | Source: Reuters

Bitcoin extends losses, down more than 20% to below $6,300

Bitcoin fell to as low as $6,178 at Bitstamp exchange

Reuters
Image: Reuters
Image: Reuters

The price of bitcoin sank almost 20 percent on Friday, an abrupt move after a strong recovery in the cryptocurrency in recent weeks that took it to 10-month highs.

Bitcoin fell to as low as $6,178 at Bitstamp exchange <BTC=BTSP>, down 21.6 percent from the previous close and last stood down 7.8 percent at $7,266.
First Published on May 17, 2019 10:10 am
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