It should have been a happy day for bitcoin, but it turned into a rout.
Bitcoin was trading was around $47,000 on Tuesday afternoon, down 9% in 24 hours, after dipping to $42,900 in the morning. Bitcoin had been above $52,800 before the selloff.
Fintech
What was behind bitcoin’s Tuesday selloff?
It should have been a happy day for bitcoin, but it turned into a rout.
Bitcoin was trading was around $47,000 on Tuesday afternoon, down 9% in 24 hours, after dipping to $42,900 in the morning. Bitcoin had been above $52,800 before the selloff.
