Bitcoin stumbled on Tuesday, casting a shadow over the much-anticipated ‘Uptober.’ Around 11 a.m. EDT, prices dipped to an intraday low of $61,801 on Bitstamp.
Bitcoin Sinks, $289 Million in Longs Liquidated Across Crypto Markets
Over the past 24 hours, bitcoin (BTC) slid 1.8%, and by 12:15 p.m. EDT, it hovered at $62,600 per unit, bringing its market cap to roughly $1.23 trillion. The 1.8% dip during the day also dragged its seven-day performance down to a modest 1.2%.
