via Cointelegraph · By Cointelegraph Staff
Bitcoin Falls to Two-Month Low as Stocks Hit Record Highs
BTC/USDT
$6,752,668,858.43
$64,588.00 / $63,853.31
Change: $734.69 (1.15%)
-0.0002%
Shorts pay
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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