Bitcoin and Ethereum prices show significant losses this Monday, with BTC trading at $23.7k and ETH dropping nearly 16% to $1.2k. Current cryptocurrency prices are bringing the market back to January 2021, with the global market cap finally dropping below the $1 trillion level, currently at $965 billion. Panic at the Market There’s evident panic in the cryptocurrency markets as Bitcoin price is down over 24% and Ethereum price is down over 35% this week. The culprit behind the substantial bearish momentum is looming recession risks and the continuing rise of inflation. Stock market prices are diving, the economy is
The post Bitcoin and Ethereum Prices Show Significant Losses as Bear Market Continues appeared first on The Merkle News.
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