(Bloomberg) — Bitcoin and other digital coins steadied Friday after posting some of the biggest declines since the onset of the pandemic, a selloff that stoked fresh questions about this year’s boom in cryptocurrencies.
Bitcoin climbed above $17,400, following a slide of as much as 14% to $16,227 on Thursday. Fears over tighter crypto regulations and profit-taking after a frenetic rally were among the reasons cited for the tumble.
“After big rallies in shares and various other assets,…
Source link
