The Standard Group Plc is a
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Representations of virtual currency Bitcoin are placed on U.S. Dollar banknotes in this illustration taken May 26, 2020. [Reuters]
Bitcoin stalled just short of the $50,000 (Sh5.4 million) mark yesterday and other cryptocurrencies slipped, as investors took profit from a record-breaking rally that is being driven by a worldwide shift in investor and public attitudes towards digital assets.
Bitcoin fell as much as 5.6 per cent to $45,914 (Sh5 million) in Asian trading hours, after posting a record high of $49,714.66 (Sh5.41 million) on Sunday.
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