Bitcoin and Ethereum values dropped as investors awaited the Federal Reserve s interest rate decision. Other major crypto tokens also experienced losses. Binance s former CEO s sentence added to the market s uncertainty.
The world's largest cryptocurrency saw a sharp decline of $22,000 over three weeks. Bitcoin's price stumbled during Friday trading. The most popular cryptocurrency dropped to below $22,000, the lowest level it reached in over three weeks.
Bitcoin's value dropped to over 6% amid Russia's declaration of war on Ukraine. Cryptocurrencies, including the world's top crypto, Bitcoin, have been affected by the wide-scale crisis brought by Russia's war declaration on Ukraine.