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.

  • Related Posts

    Oil falls after Trump reverses Colombia sanctions threat

    By Anna Hirtenstein LONDON (Reuters) -Oil prices wavered on Monday after the U.S. and Colombia reached a deal on deportations, reducing immediate concern over oil supply disruptions but keeping traders…

    Dollar gains on tariffs fears; euro looks to ECB meeting

    Investing.com – The US dollar slipped lower Monday, rebounding after recent losses as attention returned to the potential for trade tariffs from the Trump administration at the start of a…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    USD/JPY: Elliott Wave Analysis and Forecast for 06.06.25 – 13.06.25

    • June 6, 2025
    USD/JPY: Elliott Wave Analysis and Forecast for 06.06.25 – 13.06.25

    NAGA Ends Q1 2025 with Higher Revenue as Commission Income Improves

    • June 6, 2025
    NAGA Ends Q1 2025 with Higher Revenue as Commission Income Improves

    GBP/USD: Elliott Wave Analysis and Forecast for 06.06.25 – 13.06.25

    • June 6, 2025
    GBP/USD: Elliott Wave Analysis and Forecast for 06.06.25 – 13.06.25

    EUR/USD: Elliott Wave Analysis and Forecast for 06.06.25 – 13.06.25

    • June 6, 2025
    EUR/USD: Elliott Wave Analysis and Forecast for 06.06.25 – 13.06.25