You might’ve noticed that cryptocurrencies including the major once like bitcoin suffered heavy falls.
The bitcoin price has lost thousands of dollars in a matter of hours, dropping from over $US47,000 per bitcoin to under $US44,000 this morning.
I also posted sbout this yesterday but here’s another chart from news.com.au
They all went to a free fall!
Cryptocurrency prices fell along with stock markets after the US Federal Reserve released meeting minutes indicating officials were ready to hike rates sooner than expected next year as inflation spikes.