Bitcoin off record highs, slumps 7% in volatile trade

FILE PHOTO: Representations of virtual currency Bitcoin are placed on U.S. Dollar banknotes in this illustration taken May 26, 2020. REUTERS/Dado Ruvic/IllustrationLONDON (Reuters) – Bitcoin fell as much as 7% against the dollar on Tuesday as the fledgling currency was…

Grim data keeps euro, sterling under pressure

LONDON (Reuters) – A fresh batch of grim economic data kept the euro and the pound under pressure on Tuesday as sentiment faltered amid fears new COVID-19 hot spots across the world might jeopardise the swift recovery from the pandemic…