Cryptocurrencies
Bitcoin Down for Third Day as Caution Washes Over Global Markets
- Sentiment in retreat because of US-China tension over Taiwan
- Largest token has fallen back after weekend run toward $25,000
This article is for subscribers only.
A bout of jitters in global markets over deepening US-China tension weighed on cryptocurrencies, pushing Bitcoin lower for a third day.
The largest digital token fell as much as 1.6% to $22,769 on Tuesday and was trading at $22,860 as of 2:57 p.m. in Tokyo. Ether at one point shed 3.7%, while smaller coins ranging from Polkadot to Cardano were also in the red.