Bitcoin slips below $8,000 as investors pare risks

Bitcoin slips below $8,000 as investors pare risks

NEW YORK (Reuters) - Bitcoin fell below $8,000 on Monday as investors scaled back their exposure to cryptocurrenices and other risky assets, weighed down by further losses in technology and internet companies.

At 3:09 p.m. (1909 GMT), the world's biggest and best known virtual currency was down 2.64 percent at $7,999.89 on Luxembourg-based Bitstamp exchange.

(Reporting by Richard Leong; editing by Jonathan Oatis)

This story has not been edited by Firstpost staff and is generated by auto-feed.

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Updated Date: Jul 31, 2018 02:05:19 IST

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