Tesla's biggest decline since September was fueled in part by Musk's comments over the weekend that the prices of Bitcoin and smaller rival Ether 'do seem high'
Bitcoin plunged as much as 17 per cent and briefly back below $50,000 in New York
The most popular cryptocurrency rallied over the weekend to record levels, almost doubling year-to-date. It hit a market capitalisation of $1 trillion on Friday
Japan's Nikkei recouped 1.0% and South Korea 0.4%, while E-Mini futures for the S&P 500 were a fraction firmer
Bitcoin, which commands more than $50,000 on any exchange today, was founded anonymously in 2009
Cryptos will develop frameworks for increased privacy, and checks could generate reduced intrusions into uses of conventional money
Bitcoin, the world's most popular cryptocurrency, rose to a record $57,553, taking its weekly gain to around 20%
The world's most popular cryptocurrency jumped to an all-time high just below $55,772, posting a weekly jump of 13%
He also defended Tesla's action to invest in bitcoin, saying that the difference with cash made it 'adventurous enough' for the S&P 500 company to hold the cryptocurrency
MSCI's broadest index of Asia Pacific shares outside of Japan was last down 0.1per cent at 733.67 from a record high of 745.89 touched on Thursday
A month into the Covid-19 immunisation drive, as many as 21 states and Union Territories (UTs) have not administered a single shot of Covaxin from Bharat Biotech. Read top news with Business Standard
Australia's benchmark S&P/ASX 200 index was down 0.1% in early trading, while Japan's Nikkei 225 futures were up 0.05%
The world's biggest digital currency, with a market capitalization of over $900 billion, hit a record of $52,577.50, fueled by signs it is winning acceptance among mainstream investors and firms
Activity in Bitcoin futures suggests traders don't see a sudden end to the crypto rally, with spreads continuing to widen between the active contract and March futures
Experts believe we are not too far from those days
Bitcoin's limited supply - based on "miners" producing a set number of new coins - has led to holders charging a premium on bitcoin coming to market
Cairn Energy has filed a case in a US district court to enforce a $1.2 billion arbitration award it won in a tax dispute against India, a court document showed. Read top news with Business Standard
Dow Jones Industrial Average scored another record closing high on Tuesday, climbing 0.2%. The S&P 500 fell 0.06%, and the Nasdaq Composite fell 0.34%