Bitcoin, Ethereum & Crypto Dive as Celsius Adds Fuel to the Fed Fire This Week

Bitcoin, Ethereum & Crypto Dive as Celsius Adds Fuel to the Fed Fire This Week

Source: Adobe/PRASERT

 

The bitcoin (BTC) and crypto market came under heavy selling pressure on Monday, fueled by fears in nearly all global risk markets related to high inflation and what the US Federal Reserve (Fed) might do to tame it. At the same time, the drama surrounding crypto lending platform Celsius (CEL) is adding fuel to the fire.

At 10:12 UTC, bitcoin (BTC) was down 12% over the past 24 hours and 19% over the past 7…


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