Bitcoin touched a one-month low as outflows from digital-asset investment products and the prospect of higher-for-longer US borrowing costs sapped the cryptocurrency market.
The largest digital asset shed as much as 3.2% on Tuesday, reaching a level last seen in mid-May, before paring some of the drop to trade at $64,520 as of 12:10 p.m. in New York. Smaller tokens such as Ether, Solana and Dogecoin also sank.
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Sunil Jagtiani
https://www.bloomberg.com/news/articles/2024-06-18/bitcoin-btc-drops-to-a-one-month-low-in-broad-crypto-market-selloff
2024-06-18 07:00:00
