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WASHINGTON/LONDON/SINGAPORE- Bitcoin fell by as much as 6.5 percent on Tuesday, on track for its largest one-day drop in two weeks, as a wave of selling hit cryptocurrencies and other risk assets, such as stocks.
The price was last down 5.86 percent at $63,419, having dropped to a two-week low of $62,966, while ether fell 6.39 percent to $3,283.
Bitcoin is still showing a 52 percent gain for the year so far, as investors have piled into US exchange-traded funds backed by spot bitcoin.
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