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Bitcoin (BTC) plunged 4pc. Ether (ETH) fell 3pc to less than $1,600. Both BTC and ETH look to be in a short-term downward trend, with seven consecutive negative candles.
The S&P 500 and Dow Jones Industrial Average lost 0.1pc and 0.3pc, respectively, in conventional markets. The Nasdaq Composite Index climbed by 0.4pc. Commodity markets saw West Texas Intermediate crude oil fall 2.6pc while spot gold jumped 1.9pc.
Separately, a computer engineer who accidentally threw away a hard drive containing more than $180 million worth of bitcoins has decided to turn to artificial intelligence to find them.
According to the details, 37-year-old James Howells, during an office cleaning in 2013, separated the hard drive from an old laptop containing 8,000 bitcoins.
However, now nine years later, the hard drive is believed to be in a landfill in Newport, South Wales, where thousands of tonnes of waste are stored. It may be noted that the local administration had earlier rejected the 37-year-old computer engineer’s multiple requests to find the hard drive at the location.