Bitcoin and other cryptocurrencies fell greatly Saturday, another indication that financiers were drawing back from riskier bets after this week’s stock-market selloff
Bitcoin, the biggest cryptocurrency by market price, was down 18% at $46,57184 at about 7 a.m. ET, according to information from CoinDesk. It momentarily dipped to $42,000 prior to getting better. Ether, the second-largest cryptocurrency, was down near to 16%.