What happened: Bitcoin (BTC-USD) dropped more than 3% on Tuesday to hover above $62,400 per token.
What's behind the move: The world's largest cryptocurrency sank alongside the overall market as tech stocks fell. Bitcoin's trajectory this week has mostly followed the major averages, particularly the tech sector.
What's behind the move: The world's largest cryptocurrency sank alongside the overall market as tech stocks fell. Bitcoin's trajectory this week has mostly followed the major averages, particularly the tech sector.