24 Hrs
Source:
المشهد العربي
Cryptocurrency Markets Drop Amid Reduced Risk Tolerance
Cryptocurrencies are showing a notable decline, with Bitcoin dropping over 2% below the $83,000 level, marking a loss of more than 5% since the beginning of the year. This comes amid a decrease in risk appetite and growing inflation concerns, which increase the likelihood of continued monetary tightening by the U.S. Federal Reserve. Additionally, Ethereum fell by 1.84% to $2,645.99, and Ripple declined by 3.20% to $1.4744, as markets await important U.S. data on inflation and employment during the week.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)