Cryptocurrency markets fell sharply on Tuesday, with Bitcoin sliding back below $88,000 after briefly trading above $90,000 on Monday. Most major digital assets are trading lower, with the total cryptocurrency market capitalization standing at about $3.04 trillion, down 2.4% over the past 24 hours.
Bitcoin (BTC) is trading around $87,383, down about 2.4% on the day, while Ethereum (ETH) is holding near $2,957, down roughly 2.7%.
The other Top 10 altcoins are also down, with losses of 1.4% to 2.4% today.