Bitcoin Drops to Three-Week Low, Falls 7.7 Percent Due to Sudden Selling

Bitcoin Drops to Three-Week Low, Falls 7.7 Percent Due to Sudden Selling

Cryptocurrencies fell sharply on Friday, with sudden selling dragging Bitcoin to a three-week low. Bitcoin fell as much as 7.7 percent to $21,404 (roughly Rs. 17,10,700) over a few minutes during the European morning, at around 0640 GMT. It recovered slightly then continued its downward trajectory to trade around $21,400 (roughly…