Selling Hits Crypto Market Again as New COVID Variant Spooks Traders

Selling pressure once again hit the crypto market on Friday, after stock markets in Asia and US stock futures all pointed lower on fears over a new variant of the coronavirus that is spreading rapidly in South Africa.(Updated at 12:12 UTC; updates in bold.)
At 10:28 UTC, bitcoin (BTC) was down by 6.5% over the past 24 hours, trading at a price of USD 54,735. At the same time, ethereum (ETH) was down by 6.4% to a price of USD 4,077….
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