2018-7-31 10:00 |
FILE PHOTO: A sign is seen outside a business where a Bitcoin ATM is located in Toronto, Ontario, Canada June 3, 2017.
“It looks like the entire market is in a risk-off mood today.
It started with the (FAANG) stocks, but the mood seems to be dragging down crypto markets as well at the moment,” said Mati Greenspan, senior market analyst at eToro.
The so-called FAANG group includes Facebook, Netflix (NFLX.O) Inc, Amazon.com Inc (AMZN.O) and Google parent Alphabet Inc (GOOGL.O).
At 3:17 p.m. (1917 GMT), bitcoin BTC=BTSP, the world’s biggest and best known virtual currency was down 2.48 percent at $8,011.69 on Luxembourg-based Bitstamp exchange.
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