Bitcoin has also swung into a bear market, falling from a peak of $58,354 on Feb. 21
Tesla's biggest decline since September was fueled in part by Musk's comments over the weekend that the prices of Bitcoin and smaller rival Ether 'do seem high'
Ether, the coin linked to the ethereum blockchain, also dropped more than 5% and last bought $1,707, down almost 17% from last week's record peak
The most popular cryptocurrency rallied over the weekend to record levels, almost doubling year-to-date. It hit a market capitalisation of $1 trillion on Friday
Bitcoin, which commands more than $50,000 on any exchange today, was founded anonymously in 2009
Bitcoin, the world's most popular cryptocurrency, rose to a record $57,553, taking its weekly gain to around 20%
The world's most popular cryptocurrency rose to an record $56,620, taking its weekly gain to 18%. It has surged more than 92% this year
On Saturday, Bitcoin touched a market capitalisation of $1 trillion, its highest ever, as the value of world's most popular cryptocurrency crossed an all-time high of $55,000 per coin
The world's most popular cryptocurrency jumped to an all-time high just below $55,772, posting a weekly jump of 13%
He also defended Tesla's action to invest in bitcoin, saying that the difference with cash made it 'adventurous enough' for the S&P 500 company to hold the cryptocurrency
Bitcoin traded at around $51,300 as of 1:30 pm on Friday in Hong Kong after quintupling in the past year
NEW YORK (Reuters) - The dollar lost ground on Thursday, ending its first two-day winning streak in two weeks as disappointing labor market data tempered expectations for a speedy economic recovery from the global health crisis.
A month into the Covid-19 immunisation drive, as many as 21 states and Union Territories (UTs) have not administered a single shot of Covaxin from Bharat Biotech. Read top news with Business Standard
Stimulus cheques helped U.S. retail sales to rebound sharply in January, while industrial output and producer prices data also provided robust upside surprises
The world's biggest digital currency, with a market capitalization of over $900 billion, hit a record of $52,577.50, fueled by signs it is winning acceptance among mainstream investors and firms
Activity in Bitcoin futures suggests traders don't see a sudden end to the crypto rally, with spreads continuing to widen between the active contract and March futures
Experts believe we are not too far from those days
Bitcoin's limited supply - based on "miners" producing a set number of new coins - has led to holders charging a premium on bitcoin coming to market
Cairn Energy has filed a case in a US district court to enforce a $1.2 billion arbitration award it won in a tax dispute against India, a court document showed. Read top news with Business Standard
The need then is to regulate, not ban, experts say