‘Sentiment is bleak’: bitcoin declines as geopolitical tensions add to risk-off mood

Bitcoin prices drop as much as 3.2 per cent to US$66,604 on Tuesday, before paring the decline

The token dropped as much as 3.2 per cent to US$66,604 on Tuesday, before paring the decline.

Bitcoin, which has traded like a high-beta tech proxy in recent months, mirrored an earlier move lower in US equities, but failed to keep pace when stocks edged higher.

Source: News - South China Morning Post