Bitcoin and Ethereum correct as Bitzlato take down, tech layoffs and economic worries dominate headlines

Bitcoin and Ethereum correct as Bitzlato take down, tech layoffs and economic worries dominate headlines

Bitcoin (BTC) price and the wider crypto market corrected as news of coordinated “international cryptocurrency enforcement action” stirred up uncertainty among traders. 

Given the number of black swan events and the proliferation of crypto-oriented scams in 2022, most investors expect United States and global regulators to eventually lay down a strong hammer on centalized exchanges and other businesses connected with the crypto sector.

Crypto market daily price action. Source: Coin360

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Bitcoin and Ethereum correct as Bitzlato take down, tech layoffs and economic worries dominate headlines

Bitcoin and Ethereum correct as Bitzlato take down, tech layoffs and economic worries dominate headlines

Bitcoin (BTC) price and the wider crypto market corrected as news of coordinated “international cryptocurrency enforcement action” stirred up uncertainty among traders. 

Given the number of black swan events and the proliferation of crypto-oriented scams in 2022, most investors expect United States and global regulators to eventually lay down a strong hammer on centalized exchanges and other businesses connected with the crypto sector.

Crypto market daily price action. Source: Coin360

At…


Source link

About bitcoin

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