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Cryptocurrency Bitcoin fell to its lowest level since July 2021 during Monday trade amidst a fall in stock indexes as central banks around the world raised their key interest rates.
The cryptocurrency's losses since early November stand at 54 per cent, echoing the crash in some high-flying US tech star shares.
Sky-high inflation, fear over the Fed’s expected rate hike and exploding commodity prices are all possible reasons for BTC’s recent dip below $40,000.
Bristling tensions and looming laws in Europe could offer clues to two questions: Can bitcoin be a safe-haven asset? And can Russia emerge as a crypto
By Alun John (Reuters) - Bristling tensions and looming laws in Europe could offer clues to two questions: Can bitcoin be a safe-haven asset? And can ...