Live updates: bitcoin drifts back to $62,500, putting damper on hope for two straight up days
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Crypto prices have returned to familiar territory on Tuesday, headed lower as risk markets across the globe are in rally mode.
Trading at $62,500, bitcoin (BTC) is down 1% over the past 24 hours and lower by nearly 3% from Monday's high.
Shortly before the U.S. market open, Nasdaq 100 futures are higher by 0.9%, tacking on to yesterday's 1.5% gain. WTI crude oil is down 2.15% to $89.34 per barrel as investors continue to price in what might be the end of the Iran conflict.
Possibly dragging on bitcoin on Tuesday was a $36 million exploit of the Humanity Protocol and its H token. Bitcoin maxis, however, might say the opposite — that the Humanity attack (and numerous other incidents against other chains in recent weeks) shows why "there is no second best."
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