Bitcoin Falls as Weak US Manufacturing Data Scares Investors

Bitcoin plunged on Wednesday as a weak US manufacturing data intensified anxieties over the health of the global economy.
The benchmark cryptocurrency was down by $63.73, or 0.77 percent, to trade at $8,257.79 as of 13:41 UTC. At one point during the Asian session, it slipped towards a session low of $8,168.85, consolidating within a strict range following its rebound from levels below $8,000 earlier this week. The lack of upside momentum raised fears for further bearish action, also v