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The combined cryptocurrency market has dropped below $1 trillion for the first time since early 2021 with fears over inflation, the broader economy and just how far the Federal Reserve will go in tightening its monetary policy
. Markets in the U.S. are set to open sharply lower, following declines in Asian and European stocks.price has crashed to under $24,000 per bitcoin, its lowest since late 2020, and looks set to fall further.has suffered even sharper declines, losing almost 20% in the last 24 hours alone and dropping under $1,200 per ether.
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Crypto crash gathers steam over weekend as inflation marks fastest pace of rise since 1981Bitcoin was trading just below $26,000 on Sunday as cryptocurrency investors continued to sell across the space following worse-than-expected inflation numbers.
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Bitcoin, Ethereum Technical Analysis: BTC Drops Below $24,000 to Lowest Level Since December 2020 – Market Updates Bitcoin NewsBitcoin fell to its lowest level since December 2020 to start the trading week, as crypto markets continue to plunge.
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