Bitcoin Leaves Other Cryptocurrencies Behind In Selloff

The drop came followed by the highest level ever touched in two years.

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Bitcoin Leaves Other Cryptocurrencies Behind In Selloff Ā© Daily Management Review

On Thursday, November 26, 2020, bitcoin was at the lead for a ā€œbroad cryptocurrencyā€ which dropped by ā€œ9.7% to $16,933ā€. The fall was preceded by the highest peak ever touched in two years earlier last week.

Furthermore, Reuters had also reported that: ā€œOther cryptocurrency also fell, with Ripple’s XRP dropping 20.26% to $0.51 and Ethereum falling 13.16% to $500.8. Both currencies also hit highs earlier this weekā€.

The said information was reported by Abhinav Ramnarayan, while Sinead Cruise had edited the same.

References: reuters.com

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