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Selling Hits Crypto Market Again as New COVID Variant Spooks Traders

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Selling pressure once again hit the crypto market on Friday, after stock markets in Asia and US stock futures all pointed lower on fears over a new variant of the coronavirus that is spreading in South Africa.At 10:28 UTC, bitcoin (BTC) was down by 6.5% over the past 24 hours, trading at a price of USD 54,735.

At the same time, ethereum (ETH) was down by 6.4% to a price of USD 4,077.Both cryptoassets fell today after seeing gains yesterday, with the sentiment then appearing to be turning

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