Crypto Moves – Sudden crypto drop leads to three-week low for Bitcoin

DUBAI: Bitcoin, the leading cryptocurrency internationally, traded lower on Sunday, falling by 0.23 percent to $21,197.99 as of 8 a.m. Riyadh time.

Ethereum, the second most traded cryptocurrency, was priced at $1,583.38 falling by 3.90 percent, according to data from Coindesk.

Bitcoin drops to a three-week low after a sudden crypto drop

Several crypto assets fell sharply on Friday, with Bitcoin reaching a three-week low as a result of sudden selling, with analysts divided over the reasons behind the decrease, Reuters reported.