Bitcoin slid towards $6,000 on Tuesday hitting a 12-week low and extending losses for a third consecutive day.
The cryptocurrency fell as much as 9.7 per cent in morning trading hours in Asia, touching an intraday low of $6,206, its lowest since November 15, according to Reuters data tracking pricing on the Bitstamp exchange.
Bitcoin was trading at $6,268 at 03.50 GMT, down almost 70 per cent from the record high of $19,666 in mid-December.
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