Crypto assets (virtual currencies) fell across the board on the 19th. Bitcoin is approaching its lowest price since 2020. Monetary tightening is expected in Europe and the US this week.
As of 7:45 am London time (3:45 pm Japan time), Bitcoin is trading at $ 18,370. At one point it fell 7.4%. Ether was unable to sustain the $ 1,300 level after falling 6.6%. The declines of XRP and Polkadot are even tighter.
Investors are bracing for volatility as the Federal Open Market Committee (FOMC) is expected to raise interest rates further this week. US stock futures fell and the dollar index rose, suggesting the market is in caution mode.
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Original title:Bitcoin is sinking towards the low since 2020 on the nerves of the Fed’s rise(extract)
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