Declining confidence of investors weighs on value to cryptocurrencies
Other cryptocurrencies also fell sharply, with Ethereum's ether down 1.6 per cent and Ripple's XRP down a similar amount in a largely sentiment-driven slide.
Bitcoin was last trading at $3,880 -- holding above 2018 lows hit last week. A broad-based selloff in digital currencies has knocked off three-fourth in value of the world's best-known cryptocurrency this year.
(With inputs from agencies.)
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