Crypto crash

 

Bitcoin, the largest and most popular cryptocurrency, has dropped to $24,000, while almost all altcoins, beginning with Ethereum, have been losing value since the weekend. 

Ethereum is trading at around $1238, its lowest level in more than 14 months. Solana also has dropped by more than 15% and is now trading around $27.

Today, cryptocurrency markets hit a new low. The global market cap has dropped to $1.02 trillion from $1.10 trillion yesterday, and nearly every top coin is now worth half or less of their all-time highs. 

The immediate cause of the crypto crash appears to be a massive sell-off by investors in response to rising inflation fears.

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#edgeforex #forextrading #forexsignals #fed #crypto #bitcoin #ethereum #global #market #crash #rsi #prices 

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