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CryptoWatch: Bitcoin on track for worst session in 10 days

Major digital currency prices traded lower Thursday in New York, giving up the majority of Wednesday’s advance.

Bitcoin, BTCUSD, -1.30% the most famous digital currency, was changing hands at $6,442.99, down 1.2% since Wednesday at 5 p.m. Eastern Time on the Kraken exchange. As it stands, bitcoin is on track for its worst session since Oct. 29.

Read:Bitcoin may be an unlikely winner in midterm elections

With bitcoin stuck either side of $6,500, traders are looking to altcoins, the group of smaller coins other than bitcoin, for value, and one technical analyst said a change in fortune could be on the horizon for owners of smaller digital currencies.

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