Risk-off sentiment and selling pressure in the global crypto market showed no signs of abating on Saturday, with Bitcoin down 4% and Ether down 7% in US afternoon trading after a week already. brutal.
Bitcoin, the largest cryptocurrency by market value, was trading at around $35,300 as of 4:15 p.m. It previously hit $34,042.77, marking a loss of more than 50% from its all-time high last November. And he's not alone: โโhow crypto traders reacted this week to aggressive signals from the Fed, as well as new regulatory suggestions. by the White House Y the threat of a total ban in Russia, declines in Ether, the second largest token, and newer coins have outpaced Bitcoin's decline.
