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Bitcoin price (BTC/USD) tumbles to 8-day low on Tuesday morning

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The Bitcoin price (BTC/USD) is fighting to defend the $11,000 amid continuing selling pressure and a downbeat crypto market.

The original cryptocurrency had a poor session on Monday, as it abandoned its attempts to recapture the $11,500 mark during the early hours of trading. The digital coin spent the rest of the morning session moving on a downward trajectory. After falling to an intraday low of $11,320.95, the coin experienced a slight uptick, which allowed it to temporarily retake the $11,400 level. However, BTC eventually closed the session at $11,382.62, well below its opening level of $11,528.19.

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