Bitcoin declined for a fifth day, breaking below $US7500 and leading other digital tokens lower, as Lloyds Banking Group joined a growing number of big credit-card issuers halting purchases of cryptocurrencies on their cards.
The biggest digital currency sank as much as 16 per cent to $US7175 as of 10.28am in New York, according to composite Bloomberg pricing. It has erased more than 60 per cent of its value from a record high $US19,511 in December. Rival coins also retreated, with Ripple losing as much as 14 per cent and Ethereum and Litecoin also weaker.
