Bitcoin, the world’s biggest and best-known cryptocurrency, slipped below $60,000 on Tuesday, taking losses from a record high of $69,000 struck on Nov. 10 to more than 12 percent.
Bitcoin was down 5 percent at $60,391.3 at 1253 GMT, after earlier falling as much as $58,563, its lowest since Oct. 28, while Ether, the second-biggest cryptocurrency by market value, was down 6.8 percent at $4,253.08.