Cryptocurrencies
Bitcoin Slides Below $30,000 Level for the First Time in a Month
- Round number had been viewed as key support for virtual coin
- Cryptos tumbling amid falling stocks, general mood of caution
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A selloff in Bitcoin accelerated Tuesday, pushing it below $30,000 for the first time in about a month.
The largest digital coin fell 3.6% to $29,667 as of 7 a.m. in New York. Other virtual currencies also retreated, including second-ranked Ether. The Bloomberg Galaxy Crypto Index was down about 4%.