LONDON (Reuters) – Bitcoin fell more than 6% on Monday after surging to a record $58,354 a day earlier, as a selloff in global equities curbed risk appetite.
The most popular cryptocurrency surged over the weekend to record levels, almost doubling year-to-date. It hit a market capitalisation of $1 trillion on Friday.
Rival cryptocurrency ether fell 7% to $1,798. Bitcoin was trading at $54,000 as of 1011 GMT.
(Reporting by Thyagaraju Adinarayan; editing by Tom Wilson)
