Bitcoin slumps 7% in what could be worst fall in more than two months

Bitcoin prices fell sharply on Friday, with the cryptocurrency retreating 7% to $21,762. Bitcoin futures BTC.1, -9.24% are on track for the biggest decline since June 13. The decline came as other risky assets, including the tech-focused Nasdaq 100 NQ00, -2.02%, also retreated, though the crypto fall was more severe, and Ethereum ETHUSD, -3.03% also saw a severe fall.