Crypto markets steady after Friday’s drop

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City AM

By Darren Parkin The crypto markets largely held steady over the weekend after Friday morning’s steep price drops erased recent increases. The price of Bitcoin fell 8.4 per cent to just below $21,500 during trading hours – its biggest single-digit decline in two months – but managed to avoid further damage on Saturday and Sunday. The largest cryptocurrency by market capitalisation is changing hands for $21,353 this morning, up one per cent over the past 24 hours. Elsewhere, the price of Ethereum has also climbed 1 per cent since this time yesterday, currently sitting at $1,587. Traditional equ…

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