Bitcoin slid below US$60,000 as euphoria over the first U.S. crypto ETF dissipated and traders took profits following a record-breaking rally.
The biggest digital asset by market value fell as much as 6.4 per cent to US$58,132, reaching the lowest intraday price in almost two weeks. It climbed to US$66,976 on Oct. 20. Ether also sank about 6 per cent and smaller tokens took a hit, with Dash and EOS each tumbling more than 10 per cent. The Bloomberg Galaxy Crypto Index, which tracks some…
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