Sudden crypto drop sends bitcoin to three-week low

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Sudden Crypto Drop Sends Bitcoin To Three-Week Low
The reason for the drop was not immediately clear. Photo: Ozan Kose/AFP via Getty
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Thomson Reuters

Cryptocurrencies have fallen sharply on Friday, with sudden selling dragging bitcoin to a three-week low.

The reason for the drop was not immediately clear.

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Bitcoin fell as much as 7.7 per cent to $21,404 over a few minutes during the European morning. It recovered slightly and last stood at $22,047. Ethereum was last down 5 per cent at $1,753.

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