Bitcoin Erases Gains After Tesla Discloses Second-Quarter Sales

Bitcoin Erases Gains After Tesla Discloses Second-Quarter Sales

Smaller cryptocurrencies such as Ether and Avalanche were outperforming Bitcoin as Tesla Inc.’s discloser of recent sales weighed on the market bellwether.

Bitcoin was mostly little changed after dropping as much 3.9% to $22,348 earlier Thursday. Ether, the second largest digital currency by market value, gained as much as 3.2% to $1,569. Avalanche climbed as much as 6.4% to $25.43.

radiorctnet