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Bitcoin slips below $60,000 for the first time in more than two weeks
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cnbctv18.comBitcoin, the world's biggest and best-known cryptocurrency, slipped below USD 60,000 on Tuesday, taking losses from a record high of USD 69,000 struck on November 10 to more than 12 percent.Bitcoin was down 5 percent at USD 60,391.3 at 1253 GMT, after earlier falling as much as USD 58,563, its lowest since October 28, while Ether, the second-biggest cryptocurrency by market value, was down 6.8 percent at USD 4,253.08.Cryptocurrency analysts could not identify any particular news driving the falls, which they said seemed to be driven by profit-taking after a recent sharp run-up.Bitcoin has more than doubled in value since June, driven by the mainstream adoption of cryptocurrencies and the launch in the United States of futures-based bitcoin
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