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Cryptos: Bitcoin trades lower, moves further from $4,000 level

Bitcoin prices fell Tuesday, continuing to erase recent gains that saw the digital currency briefly trade above $4,000 on Saturday — the first move above the psychologically important level since Jan. 10.

In Tuesday trade, one bitcoin BTCUSD, +0.26% was fetching $3,791.40, down 0.3% since Monday’s level at 5 p.m. Eastern time on the Kraken exchange.

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What are analysts saying

Following the news that Coinbase has listed XRP, the digital currency that runs on the Ripple protocol, market analysts have touted the news as a further step in the maturation of the opaque industry, despite little price reaction.

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