The bitcoin price slid below the $11,000 mark for the first time in more than a week on Tuesday, as the flagship cryptocurrency's burgeoning inverse correlation with the S&P 500 came back to bite investors. BITCOIN PRICE CAREENS BELOW $11,000 Bitcoin had entered the day trading sideways in the low $11,000s, where it had more or less languished since the Saturday sell-off that followed BTC's brief foray above $12,000 last week. The dam broke around 10 am ET, and the bitcoin price cascaded below $11,000 to breach its lowest level since August 4. As of 10:35 am ET, BTC/USD had fallen as low as $10,863 on Bitstamp. The ... (full story)