Bitcoin briefly dips below $30,000 as crypto selling resumes
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Bitcoin slipped below the key level of $30,000 at one point on Tuesday. The price of bitcoin was last down by less than 1% at $31,139.83. Earlier in the day it had fallen as low as $29,207.77, after gaining more than 4% in the previous session. Bitcoin has lost more than half of its value from an all-time high of $68,982 reached in November. The Securities and Exchange Commission is investigating the possibility that the BNB token, a cryptocurrency issued by Binance, could be categorized as a security. Source