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via Cointelegraph · By Cointelegraph Staff
Bitcoin Falls to Two-Month Low as Stocks Hit Record Highs
BTC
BTC/USDT
$62,988.26
-0.07%
$62,988.26
-0.07%
(24s)24h Volume
$2,186,038,828.29
24h H/L
$63,175.00 / $62,946.58
Change: $228.42 (0.36%)
Long/Short
68.0%
Long: 68.0%Short: 32.0%
Funding Rate
+0.0033%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(06:11 AM UTC)
1 min read
Bitcoin fell to its lowest level in almost two months on Tuesday as cryptocurrencies continue to diverge from traditional equity markets.
Bitcoin (BTC) fell to a low of $70,023 on Coinbase early on Tuesday, its lowest level since April 7, marking a daily decline of more than 4% and a weekly loss of 8%, according to TradingView. Bitcoin is down 44% from its October peak of $126,000.
US stock…
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