Quiet Selloff on Tuesday Afternoon
Bitcoin’s rally attempt stalled again on Tuesday, with prices once more failing to hold above $116,000.
Sellers stepped in during the U.S. afternoon hours, dragging BTC back below $113,000, nearly identical to Monday’s reversal. The largest crypto changed hands at $112,700, down just shy of 2% over the past 24 hours.
Ether fell 4%, dropping back below the $4,000 level. The broader crypto market saw mostly red, with little reaction to three new spot ETF listings in the U.S. Solana and each fell nearly 4%, while Hedera (HBAR) gave back half of its initial ETF-related gains.
The crypto action is all the more lackluster as U.S. stocks climbed higher, with the S&P hitting 6,900 for the first…
