LONDON (Reuters) – A selloff in cryptocurrencies widened on Tuesday, with bitcoin weakening nearly 4% while smaller rival ether fell more than 6%.a close up of a logo: FILE PHOTO: Representation of cryptocurrency Bitcoin is seen in this illustration© Reuters/DADO RUVIC FILE PHOTO: Representation of cryptocurrency Bitcoin is seen in this illustration

The world’s biggest and best-known cryptocurrency weakened 4% to $50,516, having risen to a mid-May high above $52,000 earlier, in Asian trading.

Ether, the coin linked to the ethereum blockchain network, fell more than 6% to $3,666. SOURCE Cryptocurrencies selloff widens: Bitcoin down nearly 4%, ether 6% (msn.com)

By block head

Block Head is a blockchain journalist.