Bitcoin falls back below $60,000 for first time since Nov 1

Bitcoin falls back below $60,000 for first time since Nov 1

LONDON (Reuters) - Bitcoin fell below $60,000 for first time since Nov. 1 on Tuesday, while the cryptocurrency ether also dropped sharply.

Bitcoin -- which last week hit a new record high of $69,000 -- fell to as low as $58,600, its weakest in 19 days, and was last down around 7% on the day. It is down 14% from that peak.

Our top trading bots

Ether, the world's second biggest cryptocurrency, fell to a 19-day low of $4,109.03 and was last down around 9.7% on the day.

If sustained, the move will be both cryptocurrencies' biggest daily fall since September.

Continue reading about Reuters
Making a crypto fortune is easy, but here are 5 rules to follow to keep it
Investing in any financial asset can be a tricky exercise, but this is especially true for the fast-paced cryptocurrency market, which comes with its own...
Shitcoins are ‘garbage’: Bitcoin-only brokers on freedom and finance
In Europe, “Bitcoin only” is a growing trend, as more and more consumers and companies are hardening their resolve that Bitcoin (BTC) is the only digital...
The dreaming: Indigenous Australians are making an embassy in the Metaverse
One of the world’s oldest living cultures is meeting the world’s newest emerging tech as Indigenous Australians begin to take part in the Metaverse.“First...
Stacks ecosystem becomes #1 Web3 project on Bitcoin
On the first anniversary of the launch of Stacks blockchain (STX), which seeks to make Bitcoin (BTC) programmable, the network achieved over 350 million...
Argo Blockchain files for $57.5 million offering of secured notes to fund Texas mining facility
United Kingdom-based crypto mining company Argo Blockchain will be funding part of the building and equipment of its planned 800-megawatt data center in...
Finance Redefined: Near’s $800M fund, Miami embraces crypto, Oct. 22–29
Welcome to the latest edition of Cointelegraph’s decentralized finance (DeFi) newsletter.The DeFi space was full of fundraising this week. Read on to discover...
Ubisoft will seek to invest in and create blockchain games
Ubisoft, one of the world’s largest video game companies — responsible for creating popular franchise games such as Assassin’s Creed, Far Cry and For Honor...
Crypto and pension funds: Like oil and water, or maybe not?
There are good reasons why pension funds should not invest in the crypto and blockchain space. The industry is too new, too volatile, and stultifyingly...
3 reasons why Terra (LUNA) price hit a new all-time high
Protocol upgrades are one of the biggest drivers of momentum because they show developers' dedication to fixing bugs, incorporating user requests and adding...
NASCAR driver opts for crypto payment in sponsorship deal
Landon Cassill, a professional race car driver in NASCAR’s Xfinity Series, will be receiving part of his salary in Bitcoin and Litecoin as part of a sponsorship...
EOS Climbs 12% In Rally
Investing.com - EOS was trading at $5.4179 by 09:45 (13:45 GMT) on the Investing.com Index on Tuesday, up 11.70% on the day. It was the largest one-day...
Balancer v2 and Gnosis' 'CowSwap' take aim at MEV with planned integration
Decentralized exchange Balancer and decentralized finance platform Gnosis have announced today a planned integration dubbed the Balancer-Gnosis-Protocol,...
Singapore authority issues crypto warning after PM falls prey to scammers
Officials in Singapore have issued a notice to would-be Bitcoin (BTC) and cryptocurrency investors, warning them of the dangers of engaging with such a...
Ethereum bulls may reemerge after March $1.15B ETH options expiry
Over the past two months, the open interest on Ether (ETH) options increased by 50% to reach $3.1 billion, with ETH price gaining 44% in that time period....
UNICEF Urges Gamers To Mine Ether For Syrian Children
It is not a secret that blockchain as a phenomenon can be used for various purposes and different fields of human lives. In particular, UN program website,...