Bitcoin Drops Most Since September in Broad Retreat From Records

(Bloomberg) — Cryptocurrencies fell on Tuesday, with Bitcoin briefly dipping below $60,000 and Ether touching its lowest level this month, in a broad-based retreat from recent record highs.

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The largest digital token dipped as much as 8.2% to $58,661, the biggest intraday drop since Sept. 24. Second-ranked Ether tumbled more than 10%. Global crypto market cap has dropped some 10% in the past 24 hours to $2.7 trillion, according tracker CoinGecko.

“After several days…


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