After two weeks of flatlining, crypto markets finally endured a little change of pace as investors spooked by UK inflation and the latest Janet Yellen warning about the U.S. debt ceiling stalemate sent prices reeling on Wednesday.
The release of the most recent Federal Open Market Committee (FOMC) minutes later in the day showing U.S. central bankers divided on a continuation of interest rate hikes did little to boost market confidence.
Bitcoin was recently trading at about $26,440, off roughly 3% over the past 24 hours and near its lowest level since May 12 when the largest cryptocurrency by market capitalization dipped below $26,000. In this period, BTC
Trending: Huh? Chuck Schumer Slams ‘MAGA Supreme Court’ After A Unanimous Decision
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!