By Tom Wilson and Tom Westbrook
LONDON/SINGAPORE (Reuters) – Bitcoin plummeted as much as 17% on Tuesday as investors grew nervous at sky-high valuations, triggering the liquidation of leveraged bets and sparking a sell-off across cryptocurrency markets.
The world’s biggest cryptocurrency was facing its biggest daily drop in a month, falling to as low as $45,000. In choppy trading, it was last down 15.6%.
The drop took its losses to over a fifth from a record high of $58,354 hit on Sunday and…
Source link
