Bitcoin extends losses on Tuesday

Bitcoin slipped 0.36 per cent to reach $96,986.44 by 7:36 AM GMT, in early trading on Tuesday December 10, 2024, as investors are closely monitoring US inflation data for insights into the Federal Reserve’s potential interest rate path.

The cryptocurrency recorded a more significant drop of 3.81 per cent on Monday, December 9, falling to $97,338.34 from $101,189.81 on Sunday.

Attribution: Amwal Al Ghad English, MarketScreener

Subediting: M. S. Salama