Cryptocurrency Market Halted Amid Stock Trading
Cryptocurrency prices generally declined after stock trading paused, although Bitcoin remained around $80,000. It dropped by 1.15% to approximately $80,391. Meanwhile, alternative currencies like Ethereum and Solana declined between 2.09% and 3.22%. The decline is attributed to investors taking profits and the impact of the Federal Reserve’s interest rate hike, despite ongoing caution in the crypto market, even as new funds continue to flow into Bitcoin investment funds.
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