Shares opened higher in Europe after a retreat Monday in Asia following Wall Street's worst day in three weeks. The price of bitcoin sank as traders braced for an interest rate hike by the Bank of Japan, expected later in the week.

Germany's DAX gained 0.3% to 24,254.58 and the CAC 40 in Paris was up 0.8% to 8,131.56. Britain's FTSE 100 advanced 0.6% to 9,711,10.