scorecardresearchCryptocurrencies Drift Lower as Bitcoin Settles in Narrow Range

Cryptocurrencies Drift Lower as Bitcoin Settles in Narrow Range

Updated: 27 Aug 2022, 09:50 AM IST
TL;DR.
The largest cryptocurrency by market value slumped as much as 2.4% to $21,125 in New York. It has traded in a range of around $22,000 to $20,000 since last Friday. Ether fell for the first time in four trading sessions. Solana and Avalanche fell more.
FILE PHOTO: Representations of cryptocurrency Bitcoin are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

FILE PHOTO: Representations of cryptocurrency Bitcoin are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration/File Photo