Bitcoin slips below $8,000 as investors pare risks

FAN Editor
FILE PHOTO: A sign is seen outside a business where a Bitcoin ATM is located in Toronto
FILE PHOTO: A sign is seen outside a business where a Bitcoin ATM is located in Toronto, Ontario, Canada June 3, 2017. REUTERS/Chris Helgren/File Photo

July 30, 2018

NEW YORK (Reuters) – Bitcoin fell below $8,000 on Monday as investors scaled back their exposure to cryptocurrenices and other risky assets, weighed down by further losses in technology and internet companies.

At 3:09 p.m. (1909 GMT), the world’s biggest and best known virtual currency <BTC=BTSP> was down 2.64 percent at $7,999.89 on Luxemborg-based Bitstamp exchange.

(Reporting by Richard Leong; editing by Jonathan Oatis)

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