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Bitcoin (BTC-USD) slipped in Tuesday late afternoon trading, reversing the bulk of its gains made in the prior session, as traders braced for an update on debt-ceiling talks, headlined by U.S. President Joe Biden and House Speaker Kevin McCarthy.
The token drifted down 1.8% to $26.94K at 4:07 p.m. ET, and ethereum (ETH-USD) decreased 0.6% to $1.81K, coinciding with a broader risk-off day across the stock market. Safer assets classes, including gold (XAUUSD:CUR) and Treasury bonds, faced downward pressure, too.
Overall, the global crypto market cap edged down 1.3% to $1.13T, according to data from CoinMarketCap.
Of course, most crypto-exposed stocks finished the session lower, including: Coinbase Global (COIN) -4.8%, MicroStrategy (MSTR) -3.2%, CleanSpark (CLSK) -6.5% and Marathon Digital (MARA) -3.4%.
