What happened
The crypto sell-off continued today, as investors continued to shun riskier assets amid high levels of inflation and the Federal Reserve’s ongoing tightening of its monetary policy. The entire cryptocurrency market recently lost $200 billion in a single day.
Over the last 24 hours, the price of the world’s largest cryptocurrency, Bitcoin (BTC -2.04%), traded down roughly 2.5% as of 12:57 p.m. ET. The price of Bitcoin is currently hovering below $30,000. The…
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