Market Wrap: Bitcoin’s Price Retraces Again, Breaks Below Trendline

Bitcoin declines for third consecutive day, on below average volume. Bitcoin (BTC) declined 1% on Tuesday, marking the second consecutive day of declines for the largest cryptocurrency by market capitalization. Ether’s (ETH) price fell 1.1%, reversing gains made overnight. The second-largest cryptocurrency by market capitalization fell below $1,900 after hovering over that increasingly important threshold for much of the past week.