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Bangkok Post
Bangkok Post
Business

Bitcoin sags after its longest streak of monthly gains since 2021

FILE PHOTO: Souvenir tokens representing cryptocurrency Bitcoin plunge into water in this illustration taken May 17, 2022. (Reuters)

Bitcoin slipped back Monday after climbing for four consecutive months through April in the longest such winning run since 2021.

The token slid as much as 3.2% and was trading at $28,580 as of 12.28pm in Tokyo. Smaller coins such as Ether, Solana and Polkadot also retreated, as did an index of the top 100 digital assets.

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