Sudden crypto drop sends bitcoin to 3-wk low

08/19/2022

Less than a minute

2022.08.19 10:22

Sudden crypto drop sends bitcoin to 3-wk low
FILE PHOTO: Representations of cryptocurrencies are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration

SINGAPORE (Reuters) – Cryptocurrencies fell sharply on Friday, with sudden selling dragging bitcoin to a three-week low.

The reason for the drop was not immediately clear. Bitcoin fell as much as 7.7% to $21,404 over a few minutes during the European morning. It recovered slightly and last stood at $22,047. Ether was last down 5% at $1,753.

08/19/2022

Less than a minute

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Bitcoin (BTC) $ 94,637.36 0.07%

Ethereum (ETH) $ 3,379.89 1.73%

Tether (USDT) $ 0.998492 0.00%

XRP (XRP) $ 2.18 1.71%

BNB (BNB) $ 721.78 4.61%

Solana (SOL) $ 190.69 3.23%

Dogecoin (DOGE) $ 0.320048 3.01%

USDC (USDC) $ 1.00 0.12%

Lido Staked Ether (STETH) $ 3,376.37 1.83%

Cardano (ADA) $ 0.884568 1.00%

TRON (TRX) $ 0.256923 0.98%

Avalanche (AVAX) $ 37.26 1.43%

the-open-network

Toncoin (TON) $ 5.83 1.72%

Wrapped stETH (WSTETH) $ 4,011.97 1.16%

Chainlink (LINK) $ 21.64 3.50%

Shiba Inu (SHIB) $ 0.000022 2.82%

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 94,525.33 0.23%

Sui (SUI) $ 4.12 0.13%

hedera-hashgraph

Hedera (HBAR) $ 0.279922 0.89%

Polkadot (DOT) $ 6.99 1.96%

Stellar (XLM) $ 0.351404 1.34%

Bitget Token (BGB) $ 7.53 9.63%

WETH (WETH) $ 3,379.60 1.70%

Hyperliquid (HYPE) $ 28.44 5.94%

Bitcoin Cash (BCH) $ 446.69 0.68%

LEO Token (LEO) $ 9.27 0.97%

Uniswap (UNI) $ 13.41 0.32%

Pepe (PEPE) $ 0.000019 6.31%

Litecoin (LTC) $ 100.37 0.60%

Wrapped eETH (WEETH) $ 3,564.70 1.62%

NEAR Protocol (NEAR) $ 5.23 3.50%

Ethena USDe (USDE) $ 0.997268 0.13%

USDS (USDS) $ 0.999087 0.57%

Aptos (APT) $ 9.06 3.72%

Aave (AAVE) $ 333.04 3.03%

internet-computer

Internet Computer (ICP) $ 10.41 1.72%

Mantle (MNT) $ 1.21 2.08%

polygon-ecosystem-token

POL (ex-MATIC) (POL) $ 0.482212 0.31%

crypto-com-chain

Cronos (CRO) $ 0.148416 0.99%

Ethereum Classic (ETC) $ 26.36 1.30%

VeChain (VET) $ 0.046944 1.55%

Render (RENDER) $ 7.10 0.96%

Monero (XMR) $ 198.21 3.11%

WhiteBIT Coin (WBT) $ 24.67 0.75%

MANTRA (OM) $ 3.70 0.60%

Artificial Superintelligence Alliance (FET) $ 1.35 3.58%

Bittensor (TAO) $ 471.77 0.26%

virtual-protocol

Virtuals Protocol (VIRTUAL) $ 3.45 1.95%

Dai (DAI) $ 1.00 0.05%

Arbitrum (ARB) $ 0.76848 0.81%