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Bitcoin Falls More Than 4% To Near $60,000
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ndtv.comBitcoin fell to $60,350 at its lowest for the day.
Singapore: Bitcoin, the world's biggest and best-known cryptocurrency, fell more than 4% on Tuesday as it extended a decline through a week that also included an upgrade to its blockchain.
Bitcoin fell to $60,350 at its lowest for the day, taking losses from a record high of $69,000 struck on November 10 to more than 11%.
Ether, the second-biggest cryptocurrency by market value, was down 4.5% at $4,355.4.
Cryptocurrency analysts said there did not seem to be any news driving the declines, and the moves seemed driven by profit taking after the sharp run-up.
"There is a lack of news and this is some pure selling of spot and some additions of short selling. Outside of this, there is no significant
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