Bitcoin falls to 16 month low

By MG News | May 12, 2022 at 09:18 AM GMT+05:00

0:00

May 12, 2022: Bitcoin fell to its lowest in 16 months on Thursday, continuing to fall alongside risk assets such as tech stocks, and also dragged down by the collapse of TerraUSD, the so-called stable coin which lost its dollar peg this week.

The world's largest cryptocurrency dropped around 2% to as low as $28,379.26, its lowest since January 2021.

Reuters

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Name	Price/Vol	%Chg/NChg
KSE100	133,403.19 324.46M	0.02% 33.04
ALLSHR	83,188.05 1,204.34M	0.13% 106.90
KSE30	40,651.46 104.88M	-0.13% -53.85
KMI30	192,083.92 123.92M	-0.26% -496.76
KMIALLSHR	55,847.70 679.22M	0.02% 11.98
BKTi	36,422.88 17.65M	0.29% 105.71
OGTi	28,437.61 10.77M	-0.37% -105.35

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	109,440.00	109,685.00 107,680.00	985.00 0.91%
BRENT CRUDE	70.20	70.68 69.03	0.62 0.89%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	2.05 2.15%
ROTTERDAM COAL MONTHLY	106.65	106.65 106.25	0.50 0.47%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	68.39	68.91 67.33	0.46 0.68%
SUGAR #11 WORLD	16.15	16.37 16.10	-0.13 -0.80%