Bitcoin sank to a more than one-week low

Bitcoin sank to a more than one-week low, buffeted by investor skittishness ahead of a looming Federal Reserve interest-rate hike and amid harsher regulatory scrutiny of the cryptocurrency sector.

The largest token dropped as much as 6.2% on Tuesday and was trading at around $20,924 as of 10:02 a.m. in New York. The MVIS CryptoCompare Digital Assets 100 gauge shed more than 5%, while recent high flyers Polygon and Ether was down about 10%. Equity markets were mostly lower in the US and Europe. 

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