Bitcoin slipped more than 4% after it rose above $57,800 on Monday, the first time since May.
The cryptocurrency BTCUSD is recently trading at $55,526, down 3.3% for the past 24 hours. Bitcoin is still up 12% over the past seven days.
Most of the top 50 cryptocurrencies were in red as of 4 p.m. Eastern Time Tuesday, according to CoinMarketCap….
This post was originally published on Market Watch