Bitcoin fell to as low as $5,533.09 BTC=BTSP on the Bitstamp platform. It was down 9 percent at $5,690.47.
Apple’s 2.7 percent drop led the heavyweight technology index .SPLRCT down 1.25 percent. Those losses were only outdone by a 1.88 percent-drop in financial stocks .SPSY.
Asian markets open mixed in trade. U.S. and China renewed trade talks. European stocks closed higher on US-China trade hopes. Indian markets are set to open with mild weakness due to weak Asia cues. M&M and Grasim will announce their earnings today.
U.S. Treasury Secretary Steven Mnuchin has resumed discussions with China Vice Premier Liu He, with the two speaking by telephone on Friday, the Wall Street Journal reported, citing sources.
Indian shares edged lower in line with early weakness in Asian peers, due to losses in financials and healthcare stocks, but gains in oil marketers and an upbeat sentiment over a strong set of inflation data helped cap losses.
Amazon.com Inc could announce as early as Tuesday that it has selected New York City and Northern Virginia to be the sites for its second and third headquarters, the Wall Street Journal reported.
Asian shares skidded, pressured by a tech rout on Wall Street and a slump in oil prices, while political risks in Europe buoyed the dollar as investors dumped riskier assets.
Apple warned earlier this month that holiday sales would miss Wall Street expectations, blaming the fall on weakness in emerging markets and foreign exchange costs.
A holiday in the U.S. bond markets for Veterans Day could keep trading volumes muted, analysts said.
Equity traders on Wall Street are expected to take home the biggest bonuses this year as a surge in volatility boosted client activity, but 2019 may not be as rosy, compensation firm Johnson Associates Inc said.