Bitcoin Down for Third Day as Caution Washes Over Global Markets

A bout of jitters in global markets over deepening US-China tension weighed on cryptocurrencies, pushing Bitcoin lower for a third day.

The largest digital token fell as much as 1.6% to $22,769 on Tuesday and was trading at $22,860 as of 2:57 p.m. in Tokyo. Ether at one point shed 3.7%, while smaller coins ranging from Polkadot to Cardano were also in the red.