Bitcoin tumbles at $101,000 as selling pressure mounts, government shutdown 'stalls' tailwinds

Bitcoin (BTC-USD) extended declines on Tuesday as investor concerns over the government shutdown and slowing economic growth led to a sell-off of the world's largest cryptocurrency. The token declined more than 5% to hover near $101,000 per token, nearly 20% off its all-time high reached in early October. Fundstrat head of digital assets Sean Farrell pointed out that "whale selling," or investors with large holdings, had risen over the past few weeks, paving the way for weakness in the market. "Whales — ...