Cryptocurrencies
Bitcoin Falls on Biden Drama, Risk of Sales by German Government
- Traders mull possibility of tougher rival for pro-crypto Trump
- Analysts see signs of seized tokens being moved to exchanges
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A third-straight daily slide in Bitcoin took the digital asset close to levels last seen in February amid challenges including US political drama and signs that tokens seized by the German government were moved to exchanges.
The largest cryptocurrency fell as much as 4.3% on Thursday before paring some of the drop to trade 3% lower at $57,680 as of 10:38 a.m. in London. Smaller tokens such as Solana and meme-crowd favorite Dogecoin also sank.