Bitcoin sinks to two-month low as downtrend persists

The original virtual currency is nearing its lowest level of the year of just under $6,000. FILE PHOTO | NMG

Bitcoin fell to a two-month low on Tuesday, sliding in three of the last four sessions on nagging regulatory and security concerns after the weekend hacking of South Korean cryptocurrency exchange Coinrail.

The original virtual currency is nearing its lowest level of the year of just under $6,000 BTC=BTSP on the Bitstamp platform. It fell to a low of below $6,500 and last traded down 4.7 percent at $6,551.48.

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