Bitcoin fell 5 percent on Tuesday

Bitcoin fell 5 percent on Tuesday, briefly going to a one-week low below $7,700 as investors further scaled back their holdings of digital currencies, reports Reuters.

At 10:19 a.m. (1419 GMT), the world’s biggest and best-known virtual currency was down 5 percent at $7,755.84 on the Luxembourg-based Bitstamp exchange.

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