News Snapshot:
NEW YORK/LONDON/HONG KONG (Reuters) - Bitcoin recovered from a five-month low on Tuesday in volatile session in which it fell below $30,000, extending losses sparked a day earlier when China's central bank deepened a crackdown on cryptocurrencies. But its outlook remained tilted to the downside, analysts said. The world's largest cryptocurrency dropped to $28,600, its lowest since early January. It was last up 3.7% at $32,802, and remains about 13% higher so far this year. Bitcoin's earlier fall also pressured smaller coins such as ether. It tumbled 11% on Monday, its largest one-day drop in over a month, with losses...
