What happened
The value of major cryptocurrencies fell on Thursday as the stock market dropped and investors worried about inflation and the continuing Russian invasion of Ukraine. This follows a day when prices shot higher after President Joe Biden signed an executive order to study digital assets and investors hoped U.S. regulators would finally define rules for cryptocurrencies.
As of 1 p.m. ET, Bitcoin ( BTC -5.96% ) had fallen as much as 8% in the last 24 hours,…
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