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Forecast as of 16.05.2025USD/CHF: Elliott Wave Analysis and Forecast for 16.05.25 – 23.05.25USD/СAD: Elliott Wave Analysis and Forecast for 16.05.25 – 23.05.25Short-Term Analysis for Oil, Gold, and EURUSD for 16.05.2025Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 16.05.2025eToro Underwriters Exercised Stock Options “In Full,” Brought Another $93MeToro Underwriters Exercised Stock Options “In Full”, Brought Another $93MTrump Pushes US Dollar Into Pit of Problems. Forecast as of 16.05.2025eToro Co-Founders Ring Nasdaq Bell as Shares Jump, Then Slide 9%Forex for Retirees: How to Trade Safely and Earn Monthly IncomeForex Market Hours and Best Times to Trade ExplainedWhat Is the London-New York Overlap?South Korea’s Kakao Pay Securities Integrates TradingView Into Mobile Trading PlatformeToro IPO: Cathie Wood’s ARK Invest Buys $9.4 Million in Shares on Nasdaq Debut
Fri. May 23rd, 2025 5:27:16 AM

Bitcoin tumbles around 5%

(Reuters) -Bitcoin fell on Sunday, continuing a selloff in the world’s largest cryptocurrency.

The cryptocurrency was recently down around 5.1% at $59,357 after falling the previous day.

Crypto markets have gotten a boost this year after the U.S. Securities and Exchange Commission approved an exchange-traded fund to track the spot price of bitcoin and ether.

More recently, however, bitcoin has fallen alongside other assets including global equities in a broad selloff. The cryptocurrency is off nearly 20% from its March 2024 high.

This post is originally published on INVESTING.

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