Bitcoin extended a retreat as investors digested a record daily outflow from the world’s biggest exchange-traded fund for the token as well as scaled-back expectations for Federal Reserve interest-rate cuts.
The largest digital asset shed about 3% to trade at $65,380 as of 1 p.m. Tuesday in Singapore. Other major tokens such as Ether, Solana and meme-crowd favorite Dogecoin also nursed losses.
