Bitcoin sinks to new 13-month low

[November 19, 2018]    LONDON (Reuters) - Bitcoin slumped to a new 13-month low on Monday, with the biggest cryptocurrency touching $5173.23 on the Bitstamp platform <BTC=BTSP>.

 A small toy figure is seen on representations of the Bitcoin virtual currency in this illustration picture, December 26, 2017. REUTERS/Dado Ruvic/Illustration

Bitcoin was last down 5.2 percent at $5270. The cryptocurrency, and other lesser coins including ethereum and XRP, endured a sell-off last week, with some blaming fears that a "hard fork" in bitcoin cash, where the smaller coin that split into two separate currencies, could destabilize others.

(Reporting by Tom Wilson and Helen Reid; Editing by Saikat Chatterjee)

[© 2018 Thomson Reuters. All rights reserved.]

Copyright 2018 Reuters. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.  Thompson Reuters is solely responsible for this content.