After coming within a few hundred dollars of $100,000 on Friday, Bitcoin is experiencing the most significant pullback since the election, as investors appear to be engaging in a round of profit-taking after the token’s recent surge.
Bitcoin is down 2% on Tuesday, falling as low as $91,400, as the original cryptocurrency continued a slide that began over the weekend. The broader crypto market is down more than 3% in the past 24 hours, according to the CoinDesk 20 Index, a measurement of the performance of the top 20 cryptocurrencies.
