Bitcoin at $70,120, rebounding from $69,500
The price of largest cryptocurrency, Bitcoin, lost more than 5% on Thursday on a daily basis to see below $70,000.
Hovering between $69,510.21 and $74,279.23 on Thursday,Bitcoin price dropped by 5.16% to $70,120 as of 1100GMT.
On a yearly basis, Bitcoin lost around 15% while it dropped around 20% from the beginning of this year.
Another major cryptocurrency, Ethereum, lost 6% day-on-day to $2,170.
Source: aa