Investing.com– 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 around 1% to $98,129.0 by 09:08 ET (14:08 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 hit by a wave of profit-taking as traders awaited more cues on what incoming President Donald Trump’s plans for crypto policy will entail.
