Bitcoin Slides to Lowest Level Since June — WSJ
By Vicky Ge HuangBitcoin fell to its lowest level since June, pressured by macroeconomic uncertainty and outflows from exchange-traded funds.The largest cryptocurrency traded as low as $102,902 on Tuesday after notching a new all-time high of more than $126,000 earlier this month.Analysts said the decline is partly driven by uncertainty surrounding monetary policy, with recent comments from Federal Reserve officials clouding the outlook for a December interest-rate cut.Meanwhile, a group of U.S. bitcoin ETFs logged four straight days of redemptions. On Monday, investors pulled about $186 million from BlackRock's iShares Bitcoin Trust, according to JPMorgan and Bloomberg data.This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).