Bitcoin extends slide, sheds 5% in Asia

SINGAPORE (Reuters) - Bitcoin fell to an almost three-week low on Friday as profit taking and worries about extra regulation drive the cryptocurrency toward a weekly loss of more than 15%. Bitcoin fell nearly 5% to $29,300 early in the Asia session, its lowest since Jan


 Bitcoin extends slide, sheds 5% in Asia

SINGAPORE (Reuters) - Bitcoin fell to an almost three-week low on Friday as profit taking and worries about extra regulation drive the cryptocurrency toward a weekly loss of more than 15%.

Bitcoin fell nearly 5% to $29,300 early in the Asia session, its lowest since Jan. 4 and some 30% below its record high of $42,000 hit two weeks ago.

(Reporting by Tom Westbrook; editing by Richard Pullin)

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


Find latest and upcoming tech gadgets online on Tech2 Gadgets. Get technology news, gadgets reviews & ratings. Popular gadgets including laptop, tablet and mobile specifications, features, prices, comparison.