Bitcoin Falls to $19.6K as Investors Continue to Mull Fed Chair’s Comments

Crypto Can’t Shake the Correlation Narrative; BTC, ETH Sink but Meme Coins Rise

The largest cryptocurrency by market capitalization was recently trading at $19,600, down more than 2% over the previous 24 hours. Ether, the second largest crypto in market value was recently changing hands at roughly $1,430, down more than 4% as investors continued to chew over U.S. central bank Chair Jerome Powell’s vow to continue the monetary hawkishness the Fed adopted earlier this year.

Source link

Be the first to comment

Leave a Reply

Your email address will not be published.


*