Bitcoin Rebounds From Three-Month Low

Bitcoin recovered from three-month lows below six thousand dollars in choppy trading on Tuesday. However, worries still linger about a global regulatory clampdown and moves by banks to ban buying bitcoin with credit cards. The cryptocurrency has slumped in recent sessions, as a risk-off mood spread across financial markets. It has fallen about 70 percent from its peak of almost 20 thousand dollars in December, and was down nearly 50 percent so far this year.