Bitcoin extended losses on Thursday after suffering its worst day for a month on Wednesday, with traders citing factors ranging from technical trading to jitters in traditional markets washing into cryptocurrency trading.
Stellar fell bellow the $0.07387 level on Wednesday. Stellar was trading at 0.07387 by 11:42 (10:42 GMT) on the Investing.com Index, down 1.99% on the day. It was the largest one-day percentage loss since August 12.
Cryptocurrencies overall headed lower on Wednesday with bitcoin leading the decline.
Bank of America (NYSE:BAC) fell by 3.07% to trade at $26.86 by 14:30 (13:30 GMT) on Wednesday on the NYSE exchange, down 3.07% on the day.
JPMorgan (NYSE:JPM) fell by 3.24% to trade at $105.80 by 14:33 (13:33 GMT) on Wednesday on the NYSE exchange, down 3.24% on the day.