Bitcoin and other top crypto tokens were trading lower on Tuesday, with altcoin falling sharply. Chaos is looming in the market on the back of pessimistic news flow. Also, lack of macroeconomic events is unable to support the movement in the digital token market. Bitcoin was back in the red zone on Tuesday as the largest crypto token dropped about 2 per cent and breached below 29,000-mark. Ethereum also posted similar declines, falling more than 2 per cent and it slipped below $1,850-levels. Altcoins were mostly bleeding. Solana and Polygon declined about 5 per cent each. Cardano and Litecoin tumbled 4 per cent each. Polkadot, Dogecoin, Tron and XRP shed 3 per cent each.
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