Cryptocurrencies slipped into the night trade, with some of the most popular digital tokens losing more than 10% from recent highs. Some investors pointed to the stronger dollar as a catalyst for the decline.
Bitcoin briefly fell below $ 59,000 on Tuesday, falling to its lowest price this month, before climbing to trade around $ 60,550. The sell-off began Monday and extended to a second day, with the digital asset falling more than 5% since Monday at 5 p.m. ET. Ether slid for the fifth day in a row, and it also fell another 7% to around $ 4,260. It is down more than 10% since its last record.
