The biggest cryptocurrency by market capitalisation was last down 7.6% at $9,936, after touching $9,926 earlier.
Bitcoin fell more than 8% on August 21, plumbing to a five-day low, with traders and analysts ascribing the losses to technical trading in thin liquidity.
The biggest cryptocurrency by market capitalisation was last down 7.6% at $9,936, after touching $9,926 earlier. Traders said there did not appear to be a specific news catalyst for the moves, with some citing the possibility of large individual orders pressuring the broader market lower.Other major digital coins such as Ethereum and Ripple's XRP also fell by around 7%.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.