Bitcoin’s selloff eased Wednesday, offering some respite to holders of the volatile cryptocurrency after a flash crash a day earlier erased billions of dollars in its value.
The largest cryptocurrency by market value fell 1.3% to settle at $46,154.44 apiece, according to 5 p.m. ET data from CoinDesk. It briefly dropped 17% over the course of a few minutes Tuesday and ended the day down about 10%.