Bitcoin Is A Rates Rookie, Buying The Dip Spells Trouble
Bitcoin has scant experience with rising interest rates, posing perils for investors looking to capitalize on its dramatic drop.
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Bitcoin has scant experience with rising interest rates, posing perils for investors looking to capitalize on its dramatic drop.
As interest rates are bumped up, the impact on digital currencies is being felt, a new experience for many an investor.
Bitcoin has scant experience with rising interest rates, posing perils for investors looking to capitalise on its dramatic drop.
Cryptocurrency slump: Bitcoin slips to 22-month low, Ethereum at its lowest since late February - Bitcoin has dropped 13% so far in May and has lost more than half its value since it hit an all-time high of $69,000 in November last year.
The latest slide - that takes losses since November to 53% - came as markets around the world tumbled amid fears over the health of the global economy.