A record-breaking rally gave traders profits as Bitcoin slid below $60,000 following the dissipation of euphoria over the first U.S. Bitcoin futures exchange-traded fund (ETF).
Bitcoin, the biggest digital asset by market value, reached the lowest intraday price in almost two weeks as it sank as much as 6.4% to $58,132. However, on Oct 20, it peaked at $66,976.
Other digital assets also saw a tumble in their value. Ether sank about 7.5%, and tokens such as Dogecoin and Solana each tumbled more
Read more on blockchain.news