Bitcoin resumed a fall on Wednesday, moving in tandem with weakening stocks amid mounting concerns about a global recession.
The largest cryptocurrency declined as much as 4.3% to $19,947, and was holding right around the key $20,000 level as of 9:08 a.m. in London. Ether fell by a maximum 5% to $1,066.02. Shiba Inu, the 14th-biggest cryptocurrency by market cap, rallied 14% in the past 24 hours though its momentum was tailing off, according to pricing from CoinGecko.
Source link
