Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

Reuters

Business

Bitcoin extends falls as selloff in crypto currencies resumes

FILE PHOTO: A collection of Bitcoin (virtual currency) tokens are displayed in this picture illustration taken December 8, 2017. REUTERS/Benoit Tessier

LONDON (Reuters) - Bitcoin extended its falls on Monday to $3,843 <BTC=BTSP>, down more than five percent from the day's highs on renewed selling in cryptocurrencies.

Other cryptocurrencies also fell sharply, with Ethereum's ether down 1.6 percent <ETH=BTSP> and Ripple's XRP <XRP=BTSP> down a similar amount in a largely sentiment-driven slide.

Bitcoin was last trading at $3,880 -- holding above 2018 lows hit last week. A broad-based selloff in digital currencies has knocked off three-fourth in value of the world's best known cryptocurrency this year.

(Reporting by Dhara Ranasinghe; Editing by Saikat Chatterjee)

Sign up to read this article

Read news from 100's of titles, curated specifically for you.

Already a member? Sign in here

Top stories on inkl right now

Military plane with 125 aboard crashes in Colombia. At least 77 injured

Military plane with 125 aboard crashes in Colombia. At least 77 injured

Colombian officials say that a military cargo plane with 125 people, most of them soldiers, crashed shortly after taking off in southwestern Colombia

The Independent UK

Flight attendant thrown from Air Canada plane survives in a 'total miracle'

Flight attendant thrown from Air Canada plane survives in a 'total miracle'

It's being called a miracle

The Independent UK

‘A miracle’: Canadian flight attendant ejected from plane survives New York crash

‘A miracle’: Canadian flight attendant ejected from plane survives New York crash

Solange Tremblay was ejected over 100 metres from the plane after collision at LaGuardia airport, her daughter says

The Guardian - US

Small comforts fade and big worries grow as fuel prices surge globally

Small comforts fade and big worries grow as fuel prices surge globally

People around the world are cutting back on spending as high gas prices stretch household budgets

The Independent UK

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Viktor Orbán celebrated by Europe’s far right before Hungary election

Viktor Orbán celebrated by Europe’s far right before Hungary election

France’s Marine Le Pen and the Netherlands’ Geert Wilders among speakers praising prime minister at Budapest event

The Guardian - UK

'Honest mistake': Migrant convicted of child sex offence avoids deportation in UK, judge says 'not a serious threat'

'Honest mistake': Migrant convicted of child sex offence avoids deportation in UK, judge says 'not a serious threat'

A paedophile migrant who did not tell UK authorities about a conviction for abusing a five-year-old has won the right to appeal against being deported, reports the Daily Mail.

The Times of India

Related Stories

Top stories on inkl right now

Military plane with 125 aboard crashes in Colombia. At least 77 injured

Military plane with 125 aboard crashes in Colombia. At least 77 injured

Colombian officials say that a military cargo plane with 125 people, most of them soldiers, crashed shortly after taking off in southwestern Colombia

The Independent UK

Flight attendant thrown from Air Canada plane survives in a 'total miracle'

Flight attendant thrown from Air Canada plane survives in a 'total miracle'

It's being called a miracle

The Independent UK

‘A miracle’: Canadian flight attendant ejected from plane survives New York crash

‘A miracle’: Canadian flight attendant ejected from plane survives New York crash

Solange Tremblay was ejected over 100 metres from the plane after collision at LaGuardia airport, her daughter says

The Guardian - US

Small comforts fade and big worries grow as fuel prices surge globally

Small comforts fade and big worries grow as fuel prices surge globally

People around the world are cutting back on spending as high gas prices stretch household budgets

The Independent UK

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Viktor Orbán celebrated by Europe’s far right before Hungary election

Viktor Orbán celebrated by Europe’s far right before Hungary election

France’s Marine Le Pen and the Netherlands’ Geert Wilders among speakers praising prime minister at Budapest event

The Guardian - UK

'Honest mistake': Migrant convicted of child sex offence avoids deportation in UK, judge says 'not a serious threat'

'Honest mistake': Migrant convicted of child sex offence avoids deportation in UK, judge says 'not a serious threat'

A paedophile migrant who did not tell UK authorities about a conviction for abusing a five-year-old has won the right to appeal against being deported, reports the Daily Mail.

The Times of India

Our Picks

Latest Avengers: Doomsday Rumor Claims An Epic Battle Between Heroes Is Coming (And I’d So Watch That)

Bring on the Marvel crossovers!

‘SNL UK’ Feels Like a Return to the New York Comedy Staple. Can the Flagship Show Take Notes?

There are already some great sketches!

The Supplement Myth: Why Your Daily Vitamin Routine Might Be Doing More Harm Than Good

Walking down the health aisle can feel like a promise of eternal energy and perfect immunity. Bright bottles and celebrity endorsements suggest that your diet is inherently broken and needs fixing. You aren’t failing at nutrition; the supplement myth is a multi-billion dollar machine designed to make you feel incomplete.

Budget and the Bees

Kelly Osbourne, Sid Wilson Split: 'Struggling' Star Reportedly Calls Off Engagement 7 Months After Backstage Proposal

Kelly Osbourne has reportedly called off her engagement to Slipknot musician Sid Wilson seven months after his backstage proposal, amid claims she has been struggling with grief and relationship 'challenges'.

International Business Times UK

"He said: 'Hold it! Keep playing that, don't stop!' He comes down in his undershorts and grabs his guitar, then completes the riff." How London’s famous clock tower and a flirtatious groupie inspired Jimi Hendrix's last great song

A story of Hawaiian volcanoes and Mick Jagger's bloody finger

E. coli cases are on the rise in the United States, and the internet rightfully blames RFK Jr.

Who wants raw milk anyway?

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play