Crypto: Bitcoin could hit $70,000 in December, based on this valuation mo...

Bitcoin slipped more than 4% after it rose above $57,800 on Monday, the first time since May. The cryptocurrency BTCUSD is recently trading at $55,526, down 3.3% for the past 24 hours. Bitcoin is still up 12% over the past seven days.  Most of the top 50 cryptocurrencies were in red as of 4 p.m. Eastern Time Tuesday, according to CoinMarketCap....

Crypto: Bitcoin could hit $70,000 in December, based on this valuation mo...

Bitcoin slipped more than 4% after it rose above $57,800 on Monday, the first time since May.

The cryptocurrency BTCUSD is recently trading at $55,526, down 3.3% for the past 24 hours. Bitcoin is still up 12% over the past seven days. 

Most of the top 50 cryptocurrencies were in red as of 4 p.m. Eastern Time Tuesday, according to CoinMarketCap....