LONDON: A selloff in cryptocurrencies widened on Tuesday, with bitcoin weakening nearly 4 per cent while smaller rival ether fell more than 6pc.
The world’s biggest and best-known cryptocurrency weakened 4pc to $50,516, having risen to a mid-May high above $52,000 earlier, in Asian trading.
Bitcoin jumps above $50,000 for first time since May
Ether, the coin linked to the ethereum blockchain network, fell more than 6pc to $3,666.
