Bitcoin could slump to $30,000 as the era of cheap money comes to a close and investors move cash from speculative assets to safer bets, market watchers suggest.
Analysts note that cryptocurrencies are being treated by investors much the same as speculative tech stocks.
While the tech-heavy Nasdaq was down nearly 4% last week, crypto appears to be getting hit even harder. In the last 24 hours alone, bitcoin is down more than 6% and ethereum is down more than…
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