Bitcoin loses 3.6% after hitting record-high level

Bitcoin loses 3.6% after hitting record-high level

Price of bitcoin, after reaching all-time high of $123,000 on Monday, loses 3.57% on Tuesday

By Gokhan Ergocun

ISTANBUL (AA) - Following record-high levels on Monday, Bitcoin lost 3.57% on Tuesday.

The current price of the largest cryptocurrency, surpassing $123,000 on Monday, is at around $117,300 as of 1200GMT.

According to data from analysis firm CoinMarketCap, the value of the global cryptocurrency market, including Bitcoin, fell approximately 3.38% in the past 24 hours, reaching $3.67 trillion.

The price of Bitcoin, the largest cryptocurrency by market capitalization, is up almost 25% since the start of this year.

The price of Ethereum, the second-largest cryptocurrency by market capitalization, dropped by 2.42% in value, rising to $2,978.

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