Cryptocurrency prices are lower Tuesday, with all major digital currencies in the red.
A single bitcoin BTCUSD, -2.83% was last exchanged at $8,953.57, down 3.6% since Monday’s levels at 5 p.m. Eastern Time on the Kraken exchange.
The virtual currency’s inability to push through overhead resistance and the psychologically important $10,000 level suggests it could be in for a minor correction, analysts said.
“We have seen an inability to surpass recent peaks,” said Craig Erlam, senior market analyst at OANDA. “While things are generally positive, my inclination is there’s more chance of a reversal than a surge to the topside.”
Read: Have bitcoin investors become irrationally bullish (again)?
Charity takes to mining to raise money
Unicef Australia has jumped on the digital currency train, offering people the chance to donate their computer power to mine cryptocurrencies for the fund that helps underprivileged children.
The charity has launched The HomePage, where people can log in and keep their browser open, which allows the company to mine Monero XMRUSD, -4.72%
“We wanted to leverage new emerging technologies to raise awareness about current humanitarian crises and raise funds to support children caught up in them,” said Jennifer Tierney, Unicef Australia director of fundraising and communications, via cmo.com.au....