slides to $96k amid broader crypto rout By Investing.com
Investing.com– Bitcoin fell on Tuesday, extending losses and headlining declines among broader cryptocurrencies as risk sentiment soured amid increased geopolitical tensions and uncertainty over U.S. interest rates.
Bitcoin was also subject to a heavy dose of profit-taking after making new highs above the coveted $100,000 level last week. Traders were also seen locking in gains in most other cryptos.
The fell 2.6% to $96,870.6 by 00:38 ET (05:38 GMT).
Global risk appetite was dented by heightened geopolitical tensions in the Middle East, after rebel forces overthrew President Bashar al-Assad’s government. Wall Street indexes fell on Monday.
Bitcoin, crypto contend with profit-taking as Trump cheer cools
Crypto markets were…
